*I should be able to choose the public investments that are right for me and my family.
*I shouldn't have to go through any special process like passing a test before I invest in leveraged funds.
*I am capable of understanding leveraged funds and their risks. The risks in today's market are higher than in past years; however, I willing to take those risks as the leveraged funds
High net worth requirements are a horrible restriction to place on leveraged securities. A regulator imposed test , and attesting to reading certain materials is fine because anyone has the capabilities to do this, many individuals have been investing their entire lives and have a plethora of knowledge and would not be able to meet this high net worth requirement. Leverage and inverse securities
This regulation would be used by financial advisors to essentially create a tax on individual investors who want to get exposure to certain financial products directly on their own. Perhaps there should be regulations that explicitly lay out risks of certain investments, but to force individuals to take a test or be licensed to directly buy certain investment products is entirely un American.
It makes NO sense to require testing and other regulatory restrictions on the use of inverse and related funds. I utilize them in hedging activities when risk within the market becomes excessive without the need to sell securities at short-term taxable gain. I have a brain and am perfectly capable of understanding and determining when to use such securities. I do NOT need PERMISSION from ANY
This proposed rule restricting my right to invest as I please seems a clear violation of my right to control and administer my own resources. I try to diversify my investments, for my holdings as a retiree are quite meager and I cannot afford to take big risks. At present I own only one fund involved partially in cryptocurrencies, and regard it as just a normal part of my portfolio. Why would
Investors do not need permission from anyone to place a trade. If the instrument complies with the same laws as other investment instruments, then there is no reason at all to implement a test for the purpose of segregating who may or may not avail themselves of the use of the instrument.
I want to choose my investments and I shouldn't have to qualify by answering questions on a test. You overstep your authority and do not have the right to question my choices. You need to rethink imposing this regulation. I don't need an overseer!
Inverse funds have proven to be very a beneficial hedge to many portfolio strategies. More than ever, right now, they are doing just what they were designed for. I don't need a test to understand how they work. Thank you.
Please note that investors should have the right to choose investments that are right for us...there shouldn't be a special test, how unamerican. Inverse funds are critical to me hedging my risk, PLEASE DO NOT RESTRICT MY RIGHT TO INVEST
I oppose restrictions to my right to invest. I should be able to choose public investments that are right for me and my family. I should not have to go thru a special process like passing a test before I can invest in public securities.
