October 14, 2020
Hi,
I have just received today (05-13-2020) from my broker a letter about the SEC and their proposal about leveraged and inversed funds. Most part of my strategies in the stock markets are based on those funds and I am not alone.
Actually the proposal means that an organization is going to decide if someone have enough money or if is not stupid enough to deserve to have shares in some funds. Since the door would be open, some people might decide who and what shares in any funds or companies could investors get.
The least we could say: it would not be free market anymore...