May 11, 2020
The SEC has far better things to do than deciding whether plebeians are too stupid and unwashed to trade in leveraged and inverse funds or not.
Decisively tackling all the known cases of insider trading of 2020 or keeping a closer eye on market manipulation during this dark Coronavirus saga we're all living through would make a meaningful difference for a lot of people in this country. At least in comparison to the SEC's current hobby of navel-gazing about the habits of a few small trading fish. You know casinos are allowed to drug up their patrons with booze and nobody bats an eye about it? These kinds of funds are a lot less malicious in comparison, despite their complexity.
Thanks for listening.