February 19, 2020
I oppose the proposed restrictions on the use of leveraged and inverse funds. Many investors such as myself benefits from the enhanced return and/or disaster hedging these vehicles can provide.
The concept of leveraged and inverse fund is not very difficult to understand, unlike some other vehicles and any such need could be met by a required warning when purchasing.
Finally, it is ludicrous for someone to need to the approval of a third party to decide what is best for them financially using their own money. This is not how public markets or capitalism work in a free society.