February 21, 2020
This would be an outrageous intrusion into our personal lives. It is a classic example of "the nanny state". I believe that the Trump administration would take a dim view of the SEC recreating another layer of bureaucracy, more red tape. Furthermore, this would hurt the individual investor who uses reverse ETF's to protect their portfolios in the event of an extreme market downturn. A reverse ETF saved my IRA from a big loss during the 2008 stock-market downturn. This rule would be a slap in the face to the little guy.