February 19, 2020
markets are made of risk. risk can not be legislated or regulated away. Extensive due diligence for buying inverse or leveraged funds or etfs interferes with open market activities and assumes risk can be regulated away. This is over regulation, government overreach, and takes away consumer freedom and choice. This is a dangerous precedent breaking with a 90 year history of allowing investors and their advisors the freedom to make their own investment decisions. Not to mention this regulation unfairly targets certain firms that do business in this space.