Apr. 28, 2020
Comment on SEC Proposed Rule #S7-24-15: I predict these proposed regulations will become burdensome to administer and counterproductive for eager and capable investors. I wholly support more education on leveraged and inverse funds for new investors, but I would not cede an individual investor's right to invest in these funds without expressed permission. For the capable investor, the risks involved in these funds are easy to assess and the proposed regulation will limit their ability to invest. Ultimately, this seems like an accelerated way to undermine and eventually destroy leveraged and inverse funds.