Over the past 6 months I have been investing a relatively small portion of my portfolio in leveraged inverse funds to hedge other portfolio positions.
It is difficult to understand how regulators would presume to require a 'test' or other special requirement to invest in these tools.
Certainly, leverage has risks. Certainly, stocks have risks. If you can't accept that investors can understand their goals and risk tolerance better than any regulator ever could, please just consider that many recent systemic investment debacles have been caused by unintended consequences of regulatory actions.
Don't limit choices available to 'those of us you consider 'small' investors.
Robert Jones Comment On Regulatory Notice 22-08
Over the past 6 months I have been investing a relatively small portion of my portfolio in leveraged inverse funds to hedge other portfolio positions.
It is difficult to understand how regulators would presume to require a 'test' or other special requirement to invest in these tools.
Certainly, leverage has risks. Certainly, stocks have risks. If you can't accept that investors can understand their goals and risk tolerance better than any regulator ever could, please just consider that many recent systemic investment debacles have been caused by unintended consequences of regulatory actions.
Don't limit choices available to 'those of us you consider 'small' investors.