February 13, 2020
I oppose these proposed rules and restrictions.
The leveraged and inverse trading tools provide me with enhanced return or risk hedging tactics. As a retail investor, I am fully capable of understanding the risks and benefits of these investment vehicles and DO NOT need a third party to "approve, decide, or restrict in any manner" how I invest my own capital.
The leveraged and inverse ETFs have democratized wealth generation and protection to a broader base of the population. Placing restrictions on who can use them would be un-American and further concentrate wealth in a tiny slice of the population.
I want to preserve the long-standing free public markets where investors and their advisors have the freedom to buy public securities without additional government-imposed limitations on investor choice.
Sincerely.