February 25, 2020
I am opposed to the SECs proposed rule concerning investing in leveraged and inverse exchange traded fund products for the following reasons.
Leveraged and inverse funds are important for developing long/short strategies, and to increase returns in both rising and falling markets.
I am capable of understanding leveraged and inverse funds, their performance characteristics, and do not want a third party evaluating my capability to do so, or preventing me from purchasing such desired funds.
I wish to preserve the concept of free public markets where investors and advisors are free to purchase securities without additional government imposed limits on their choices.