February 19, 2020
I have been trading inverse and leveraged ETF's for at least 6 years. I have read the prospectus and FULLY understood how these instruments work. I believe most investors that use these instruments have done the same homework that I have.
I believe if you add new regulations that make it harder for brokerage firms to offer these, then they may not offer them, or offer fewer of them.
I would request that you don't punish the many that know how and when to use these instruments for the few that don't.
Thank you for your time,