I strongly oppose restrictions on my right to invest in public investments such as leveraged and inverse funds since these types of investments are important to my investment strategies. Leveraged and inverse funds help me grow my retirement account faster and to hedge against inflation and a bear market. Leveraged and inverse funds should be available to all the public not just the privileged. Furthermore, I am investing my own money and it should be 100% my decision how I invest it and what level of risk I am willing to accept. Given my background as a CPA, I am capable of understanding leverage and inverse funds and their risks. I should not be forced to take extra test to prove my knowledge. Passing a test is not a guarantee that I would make money or lose money. Thus, it is completely unnecessary. Please do not take our rights away from investing in leveraged and inverse funds.
Olga Cespedes Comment On Regulatory Notice 22-08
I strongly oppose restrictions on my right to invest in public investments such as leveraged and inverse funds since these types of investments are important to my investment strategies. Leveraged and inverse funds help me grow my retirement account faster and to hedge against inflation and a bear market. Leveraged and inverse funds should be available to all the public not just the privileged. Furthermore, I am investing my own money and it should be 100% my decision how I invest it and what level of risk I am willing to accept. Given my background as a CPA, I am capable of understanding leverage and inverse funds and their risks. I should not be forced to take extra test to prove my knowledge. Passing a test is not a guarantee that I would make money or lose money. Thus, it is completely unnecessary. Please do not take our rights away from investing in leveraged and inverse funds.