May 4, 2020
The new regulations proposed, diminish my ability and the public's ability to buy PUBLIC shares of leveraged mutual funds in a FREE market. That is wrong. I have used leveraged and inverse funds in my own portfolio for over 12 years. I am not a wealthy individual, I am a school teacher who uses leveraged funds in my retirement account to protect and enhance my future income source. To have a 3rd party evaluate my ability to invest in funds that I've already used for over a decade is an invasion of my privacy, exposes me and my family to identity theft, and is an unnecessary burden and sets a dangerous precedent.
Do not adopt this proposal.