March 12, 2020
I have maintained a small position in SDS, a leveraged short fund as a hedge against a general market meltdown rather than initiate a series of strategic short sales. If you want to do something to help investors you might start with disallowing the practice of changing the composition of an index fund after investors have taken a position or at least make the seller adjust the settlement when a position is closed out. Also, you might recommend that the Federal Reserve Bank refrain from putting the fix in for the stock market whenever there is a correction. Perhaps a 20 year prison sentence could be suggested for anyone caught using public funds to stoke or dampen the markets. We need free markets not incumbent protection policies. Thanks for reading.