January 30, 2020
This proposed rule is a violation of rights and an insult to investors' intelligence. Anybody who is investing in anything whether stocks, bonds, real estate etc. Should assume personal responsibility for doing proper due diligence on the associated risks and outcomes of an investment. By placing limits and barriers on what individuals can invest in you are taking away their personal accountability and therefore their ability to choose freely what they feel is a good investment. Individual stocks can be just as risky and just as (or much more) volatile than even a triple leveraged fund. Any stock could drop 90% tomorrow, that's just a risk that needs to be accepted. Leave the leveraged and inverse funds alone, many investors use them successfully to hedge against loss and magnify profits. Let us keep the right to choose what we invest in.