February 25, 2020
This proposal to limit the purchase of leveraged and inverse funds will be bad for investors. The risks of these funds are adequately communicated from the fund managers, and regular investors don't need a third party to determine our capability to purchase leveraged and inverse funds.
Also, this sets a dangerous precedent in limiting the free public market. Limitations such as these transfer an unfair benefit to a limited portion of the population, thereby reducing the benefits and returns that typical Working Investors are capable of attaining.