March 12, 2020
Dear SEC,
As an educated investor,
I understand the characteristics and risks of LI Funds.
due to decay risk associated with
holding these daily beta products for longer periods of time I monitor daily the positions
. This is a firm of hedging and market forming an d price discovery essential for well functioning markets. Markets have been artificially inflated by the Fed and other policies and these products provide a way for mitigating some of that asset bubble risk.
. The brokerages already provide warning in Red and Orange about risks so of their prospectus about this being a decay based investment.
. As I already invest in these I feel my brokerage and sec have no right to disallow investors like me from trading these products.
Thanks