Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: I oppose this proposal. As an investor who would likely qualify to invest in these funds, I still oppose it. For any investor, large or small, these funds are a quick and easy hedge for the rest of one's portfolio. The logic behind the proposal is noble, but where does "Big Brother" stop? For others like me that would qualify in the proposal, it would further disseminate private information about us for no real, strong reason. Is the risk for us worth saving a few investors that don't know what they're doing? These are adults that should have the understanding of the risks they take. The leveraged funds that I think of both have warnings about the extra risk of leveraged funds. Is it really necessary to babysit on this one? Regards, David Sharpe