January 30, 2020
I am strongly against any rule that makes it more difficult for the average investor to purchase leveraged or inverse funds. Access to them is important to me and enables regular folk to access low cost of capital leverage which is an increasingly important way to build wealth in a low interest rate world. Furthermore, adding restrictions to these sorts of funds would impede the free capital markets that America is known for, and limits investor choice. Disclosures about how the funds work and what their limitations and advantages are is important. Restricting investor choice under the guise of "the government knows best" is not.