February 20, 2020
Regarding Release No 34-87607, the proposed changes to limit purchases of inverse funds is detrimental to diversified portfolios and basically un-American.
Though most investment advisors recommend a diversified portfolio of 60% stocks, 30% bonds and 10% cash, a better mix includes inverse funds especially at times like this where every stock appears to be over priced.
So please do not limit purchases of inverse funds.