Jul. 01, 2020
Comment on SEC Proposed Rule #S7-24-15: L&I Funds are very useful to the individual investor, especially to the active trader. These are less harmful than options and are much more transparent. Sometimes, the prices of options cannot be trusted, while L&I funds are fully disclosed through the iiv. The sophisticated trader is well-aware of what they are buying or selling, and do not need to be monitored. We are not as stupid as you think we are.