I have been trading leveraged and inverse funds for some time now and should remain to be allowed to do so without further qualification. I am aware of the risk involved and, as a responsible investor, should not be subject to special tests or requirements to trade in these vehicles other than being aware of the risks involved. I do not think my access should be limited from any particular segment of the marketplace. These are important vehicles that have allowed me to hedge my account and, at times, seek better returns.
John Kuzma Comment On Regulatory Notice 22-08
I have been trading leveraged and inverse funds for some time now and should remain to be allowed to do so without further qualification. I am aware of the risk involved and, as a responsible investor, should not be subject to special tests or requirements to trade in these vehicles other than being aware of the risks involved. I do not think my access should be limited from any particular segment of the marketplace. These are important vehicles that have allowed me to hedge my account and, at times, seek better returns.