March 7, 2020
I am deeply concerned that a government agency is again, feeling the need to over reach it's bounds in an attempt to limit a market participant's freedom of choice on investment options. Government Agencies should be much more concerned with the illegal blatant manipulation of the precious metals markets, to which these government agencies whom are supposed to "protect us" instead are complicit in allowing the manipulation that is causing unsophisticated investors much more harm than any leveraged fund trading vehicle.
SEC, please recognize that investors need more investment options of all kinds, that are not being unfairly manipulated, that provides small investors similar options to leveraged trading opportunities of larger sized funds. Keep the playing field level. Limiting Investor access has a much more negative perception from my view than Instead of wasting time imposing restrictions, look to clean up the activities that are truly harming investors in the market.
If you truly feel the need to waste tax payer dollars with even giving this topic consideration, put out a PSA on that clarifies the dangers of holding these trading vehicles for extended periods instead of trying to limit investors freedoms.