February 19, 2020
To begin with, I'm an IT executive with 13 years of experience in the financial sector. Leveraged and inverse funds are important to me, and are an important component of my overall portfolio. I like the enhanced performance of these funds, and as part of my diversified portfolio, the overall risk profile is in line with my expectations.
Second, and more fundamentally, I don't understand why the SEC would consider limiting investors access to these funds. I consider it a violation of my personal liberties. This is my money, and my financial plan. Why should the government prevent me from making informed decisions about where to invest for my future? America is founded on a belief in personal freedoms. I'm happy to pay my fair share of taxes, but I don't believe government has any place in telling me what securities I should or shouldn't purchase. I gladly accept the personal responsibility of understanding my investments, and any risks associated with them.
Thank you for your consideration, and I look forward to seeing this unnecessary proposal end up being discarded.