February 20, 2020
I object to the SEC further regulating inverse / leveraged funds. Firstly, there is no need to fix something that is not broken. That being said, these funds are critical to my investment hedging strategy that prevents large losses in my account during market downturns. They protect my portfolio.
I am fully capable of understanding these funds and their performance characteristics. I do not need a third party evaluating my ability to do so.
Long standing free public markets where investors have the freedom to buy public securities without additional government regulations on investment choices need to be left as is. There should be no burden on investor's choices.