March 12, 2020
I disagree with the SEC's new proposed regulations around leveraged and inverse funds. I use these funds to hedge my overall portfolio and to take advantage of short term movements in markets. I understand the risks associated with these funds and I'm aware that I can lose a significant portion or all of the money that I put in these funds. I don't believe I should have go through a third party evaluation to trade these funds when the risks are clearly explained and presented in the disclosures, I know the risks, and I'm willing to take the risk. I think this takes away our ability to choose what we want to buy and an important part of managing risk in portfolios. I believe in preserving free public markets where investors have the freedom to buy what they want without government limitations on my choice. The government doesn't know what is best for me. I know what is best for me.