May 11, 2020
I was very disappointed to learn the SEC wants to restrict access to leveraged and inverse funds. As a student who is struggling to fund my education because of the lack of summer jobs, I understood in February 2020 that the COVID-19 crisis would cause the market to crash so I invested in a leveraged inverse fund. I have been using the money I made to get by. This new SEC proposed rule would greatly disadvantage members of the lower and working class by restricting these financial instruments to a privileged elite. This is my hard-earned money and I am not stupid. I should be the one to decide how I invest it