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Do not take away the right to freely invest in Public Securities! Taking a test or being told what a person can or can not invest in, that's not right?!
Regulators should not dictate what investment funds I choose to invest in. I should not have to take a test in order to invest. Please vote down this proposed regulation.
I should have the right to choose investments that I want and not be restricted by any sort of test, be it knowledge or means. Regular investors should make their own decisions on risk/benefit.
People with my net worth ($5 million), education (MBA), and many years (60) of investment experience should not have to pass any other tests.
We investors know the risk associated with our investments, including leveraged funds. We don't need to take test to invest our own money!
Leverage and inverse funds are strategic investments for me. I should not have to pass a test to invest in these funds. Everyone should be able to invest in these funds; not just the privileged.
Please do not take away my right to invest the way I see fit. I oppose regulations, cooling off periods and tests to invest my money.
I think it is good and reasonable move. It will help make the market less like casino. The question is how will the test be designed to make it really informative to retail investors.
Please regulate the manipulation of our free market system. Companies should not be able to bypass rules set in place following 2008 or we risk another black swan event and lack of trust in our financial system.