February 20, 2020
Leveraged and inverse funds are important to me and my wife and they allow us to seek enhanced returns or help us protect your portfolio.
As we have been trading stocks, bonds and options for over 45 years, we are very capable of understanding leveraged and inverse funds and their performance characteristics, and we dont want or need a third party evaluating our capability to do so and potentially preventing us from buying them.
We would urge the Commission 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.