I oppose the attempt to restrict the rights of investors to invest in leveraged and inverse funds. While I see that it is an attempt to prevent possible loss by inexperienced investors, failure is sometimes a necessary learning tool. Rules made to avoid the odds of failures are simply crutches for the inexperienced and unnecessary barriers to those attempting to learn. There are already limits in place that suffice. What will be done when those who pass the test, still lose money?
Maya Burkes Comment On Regulatory Notice 22-08
I oppose the attempt to restrict the rights of investors to invest in leveraged and inverse funds. While I see that it is an attempt to prevent possible loss by inexperienced investors, failure is sometimes a necessary learning tool. Rules made to avoid the odds of failures are simply crutches for the inexperienced and unnecessary barriers to those attempting to learn. There are already limits in place that suffice. What will be done when those who pass the test, still lose money?