March 12, 2020
I am against the proposed rule.
Leveraged and inverse funds are important to me, helping me protect my portfolio.
Leveraged and inverse funds and their performance characteristics are easy for me to understand and convenient to invest. There is no need to introduce a third party evaluating my capability to do so and potentially preventing me from buying.
Long-standing free public markets are important where investors and their advisors have the freedom to buy public securities without additional government-imposed limitations on investor choice.
I urge your office to seriously consider my opinion and cancel the proposal.