I should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on you.
William Fox Comment On Regulatory Notice 22-08
I should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on you.