a. Public investments should be able to all of the public, not just the privileged
b. I am well capable of understanding leveraged and inverse funds together with the risks and certainly don't need special tests / process to pass before we can invest in these types of securities.
c. Leveraged and inverse funds are important to my investment strategies.
d. It is better that regulators keep bad actors/vehicles off the street eg. SPACs and other rogue actors that are clearly against public interest than trying to keep the public away from the bad actors / vehicles.
Venkat Raman Comment On Regulatory Notice 22-08
a. Public investments should be able to all of the public, not just the privileged
b. I am well capable of understanding leveraged and inverse funds together with the risks and certainly don't need special tests / process to pass before we can invest in these types of securities.
c. Leveraged and inverse funds are important to my investment strategies.
d. It is better that regulators keep bad actors/vehicles off the street eg. SPACs and other rogue actors that are clearly against public interest than trying to keep the public away from the bad actors / vehicles.