Leveraged funds are a great tool for building wealth, especially for those of us without large amounts of capital to begin with.

There is plenty of peer reviewed academic research that using leverage when you're young offers increased risk adjusted returns.

Free trade is free trade. I use inverse leveraged funds to help hedge my portfolio. In these volatile markets these are necessary tools to mitigate your personal risk. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leverage and inverse funds. I completely understand leverage and inverse funds and their risks. Public investments should be available to all of the public not just the privileged.

I oppose restrictions to my right to invest. I already have passed tests to prove my competency. I want the same rights as members of congress. Bureaucrats mandating restrictions has been a proven failure.