I don't think regulators should make the determination what investments are appropriate for my needs. There should not be obstacles to investing in inverse or leveraged funds. I am comfortable with taking on that risk. Adding a regulator-approved test in order to be able to invest in these funds is an unnecessary intrusion on my right to invest as I see fit.
Ryan Wessel Comment On Regulatory Notice 22-08
I don't think regulators should make the determination what investments are appropriate for my needs. There should not be obstacles to investing in inverse or leveraged funds. I am comfortable with taking on that risk. Adding a regulator-approved test in order to be able to invest in these funds is an unnecessary intrusion on my right to invest as I see fit.