March 11, 2020
Hello, I am a very small investor and I use all of the available information from TD Ameritrade and the media on the markets and the various financial products. I'm not clear why this new rule is being proposed so it must be concerning a problem of which I am unaware. The leveraged and inverse funds are excellent hedges in times of market volatility, such as the present. I understand how they function and how to use them. I am a social worker by profession and education. While I do not understand everything about these types of financial products, I have figured out how beneficial they are and would feel very much disadvantaged if I were not allowed to trade them without being vetted by whomever you would propose. What's the deal? I did do a cursory search through the SEC documents trying to figure out why this rule is being proposed but could not find anything.