January 29, 2020
This proposed rule seems to be an example of hoarding opportunity for the already wealthy. While I may not have an account that the SEC would be impressed by, I always do ample research and backtest to make use of leveraged funds. In fact, leveraged funds make up a critical part of my trading strategy, which I have backtested going back two decades and have made a large amount of money for me. Please do not add onerous restrictions for retail investors to make money using leveraged funds.