You 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. I am capable of understanding leveraged and inverse funds and their risks. Please don't make the investment landscape more difficult by imposing unnecessary restrictions. Inverse funds are one of the few ways to have a strategy that protects my investment in downturns whether used as an investment on its own or if used as a hedge.
Grant Lehman Comment On Regulatory Notice 22-08
You 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. I am capable of understanding leveraged and inverse funds and their risks. Please don't make the investment landscape more difficult by imposing unnecessary restrictions. Inverse funds are one of the few ways to have a strategy that protects my investment in downturns whether used as an investment on its own or if used as a hedge.