February 19, 2020
I have just learned of the Proposed Rule regarding leveraged and inverse funds. I sometimes use these types of funds to boost expected returns or to protect my portfolio through hedging. I would very much like to keep the ability to use leveraged and inverse funds.
Furthermore, I am fully capable of understanding leveraged and inverse funds and their performance characteristics, and I dont want a third party evaluating my capability to do so and potentially preventing me from buying them.
Finally, 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.
Thank you.