March 12, 2020
I wish to comment on your proposal to limit those who can invest using leveraged and/or inverse funds. You are vastly underestimating the understanding of these funds that "mom and Pop" investors have. Just because you have small to moderate funds for investment, shouldn't negate your ability to use these funds to protect and/or enhance your portfolio, any more so than those with larger incomes or assets. Your efforts would be more protective of investor portfolios by initiating rulings that would severely decrease the use of derivatives which threaten the market and the entire economy. In other words your thoughts on protection of the "little guys" are admirable , but try less of regulating us because you think we're uneducated, and try regulating those who get too greedy because they think they know more than the rest of us. Save our rights to use Leveraged and Inverse funds.