I really don't feel like I need the government to "protect" me from risky investments like inverse funds. This is a free market and I would like to be free to invest in anything I deem appropriate. If a trade goes bad, I don't expect anyone to bail me out. This is my money and my choice. I have to accept the risk I am taking on.
Retail investors shouldn't have to pass a test first to invest in publicly accessible securities. I do enough homework on the investment I am about to partake in to decide if I should or shouldn't take the risk.
Certain funds allow me to protect myself from market downturns. These funds may use leverage. I would like the ability to keep these as part of my portfolio.
Gregory Kern Comment On Regulatory Notice 22-08
I really don't feel like I need the government to "protect" me from risky investments like inverse funds. This is a free market and I would like to be free to invest in anything I deem appropriate. If a trade goes bad, I don't expect anyone to bail me out. This is my money and my choice. I have to accept the risk I am taking on.
Retail investors shouldn't have to pass a test first to invest in publicly accessible securities. I do enough homework on the investment I am about to partake in to decide if I should or shouldn't take the risk.
Certain funds allow me to protect myself from market downturns. These funds may use leverage. I would like the ability to keep these as part of my portfolio.