February 20, 2020
I am against the proposal in its present form as it restricts my right as an invidividual investor to invest in Leveraged and Inverse Funds. They are beneficial to my portfolio as they hedge risk and provides me with a total portfolio-wide investment return. I understand the characteristics of these funds and accept the risk associated with them. Greed and Corruption within Financial Institutions needs to be better curtailed however, any such regulation should never come at the expense of individual middle or lower class taxpayers. In America, we have always been at a disadvantage to financial institutions and the obscenely wealthy in terms of the rules restricting our investment access. We do not need to widen the gap further. Sure there are a lot of ignorant individuals who make inappropriate choices which result in losses but those losses added together are insignificant compared to the losses that Financial Institutions incur due to excessive greed biased choices. Restrict institutions not the people.