You not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. You shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of understanding leveraged and inverse funds and their risks. Tell regulators you do not need these measures imposed on you. Leveraged and inverse funds are important to your investment strategies. Consider explaining ways you use leverage and inverse funds, including that they help you protect (hedge) your investments or seek enhanced returns, and if you use them as a limited part of your overall portfolio.
Vipul Chopra Comment On Regulatory Notice 22-08
You not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. You shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of understanding leveraged and inverse funds and their risks. Tell regulators you do not need these measures imposed on you. Leveraged and inverse funds are important to your investment strategies. Consider explaining ways you use leverage and inverse funds, including that they help you protect (hedge) your investments or seek enhanced returns, and if you use them as a limited part of your overall portfolio.