February 21, 2020
I'd like to speak against your proposal regarding leveraged and inverse funds. I have been using these funds for at least 10 years and find them safe and easy to use. They are important to me and they help to enhance as well as protect my portfolio.
I am capable of understanding leveraged and inverse funds and don't want some 3rd party evaluating my capability to purchase and potentially disallow me from buying them.
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.
I cannot even imagine why this proposal is even being considered.