Hello. I believe I personally should maintain the right to select the public investments for myself. In addition, I shouldn't have to submit to a special process such as passing a test. I am knowledgeable regarding leveraged and inverse funds and I do not deserve these regulations imposed on me.
Thank you for your consideration.
I am opposed to the Government regulations that might limit my ability to invest in Leveraged and Inverse ETF's. There already exists regulation to approve investors accounts to purchase and sell Options. It seems to me that if an investor has already passed this approval step, no other regulations or tests is necessary.
I should be free to invest where I see fit. I know the potential risks - and rewards - of leveraged and inverse funds and incorporate them into my portfolio to hedge against losses and seek better returns. Imposing restrictions, like testing, restricts the ability to invest in such funds to the privileged and well-connected.
Requiring potential investors to 'pass a test' sounds exactly like the methods used by white supremacist Dixie Democrats to prevent Black people from voting. Investing as we please may not be specifically stated in the Bill of Rights, but it is as much a right as free speech or firearm ownership.
Please do not Pass a regulator-imposed test of your specialized investment knowledge
Demonstrate a high net worth
Get special approval from your broker
Attest to reading certain materials
Go through cooling off periods during which you cant invest
Public investments should be a choice of the individual and not regulated by government.
Individual decisions on ability to invest should not be incumbered by a government test or requirements instituted by government.
Leveraged and inverse funds are important to my investment strategies.
Government over-reach needs to stop now! Preserve American freedom
This is unnecessary change that affect and reduces access to investors from products.
I do not understand why a regulator should be telling me as an individual and raising the bar to what kind of ETFs I can invest in.
Requiring a test is the opposite of an equalizer and prevents marginalize groups access to this type of investment.
I opposed to restrictions to my right to invest. I should be able to choose the public investment that I see fit, Not public regulators! I shouldnt have to pass a test to invest in public securities! I should have freedom to invest in cryptocurrency funds like BITO if I chose to diversify my investments.
I should be able to choose the public investments that are right for me and my investment goals. I think it is appropriate to have to read some basic warnings about the dangers of such investments such as leveraged or inverse funds but I should not have to take special tests before I am allowed to invest in such instruments
Hi, This makes no sense! High risk assets also have high reward potential! They have a place in the portfolio regardless of net worth! Don’t skew the field against the poor in disguise of protecting the dumb! If you want to screen dumb then have a financial savviness test !