January 29, 2020
I disagree with your proposal to limit access to investor to leveraged and inverse funds.
Leveraged and inverse funds are important to myself as they allow me to seek enhanced returns while helping me protect my portfolio.
I am capable of understanding leveraged and inverse funds and their performance characteristics, and I dont want a third party evaluating my capability to do so and potentially preventing you from buying them.
I want to preserve the long-standing free public markets where investors and their advisors have the freedom to buy public securities without additional government-imposed limitations on investor choice.
Based on the government inability to handle their own financial obligations, I don't see why or how the government is any position to advise me on how to handle my own financial matters.