January 29, 2020
I believe this proposal is bad for investors, unnecessary and sets a dangerous precedent. I am old enough and I believe smart enough to make my own decisions regarding my own money and my own finances.
Leveraged and Inverse funds are important to me and they allow me to seek enhanced returns and or help me protect my portfolio. I am perfectly capable of understanding leveraged and inverse funds and their performance characteristics. I don't want a third party evaluating my capability to do just that and potentially preventing me from buying them. THIS IS NOT A NANNY STATE
I want to preserve the long -standing free public markets where investors and their advisers have the freedom to buy public securities without additional government-imposed limitations on an investors choice.
My point is....this is a free country. Keep it that way. Thank you.