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To whome it concers.
Limiting publicly traded funds to only people regulators deem apropriate is an overstep. Traders are already aknowlging these funds are risky. But it should be the traders choice to risk those funds. Not regulators.
I don't feel it is right for someone to limit our investment choices as long as they are legal.
I think the SEC should stop limiting more financial products for only accredited investors. General retail investors are already not allowed to invest in alternative assets such as VC, PE, growth equity and private credit funds that have consistently generated significant alpha over public market returns
We shouldn't have to go through any special process like passing a test before we can invest in public securities,including cryptocurrency funds such as BITO.We are capable of understanding cryptocurrency funds such as BITO and their risks. We do not need these measures imposed on us.
We demand freedom of investment
USA is not a communist country where our freedom has to be limited
To All elected officials-
Investing in funds that I believe is in my best interest is very important for me. Please do not tie my hands on my money that I worked very hard for. My investments are my business. This is a free country that I fought for. Lets make sure it stays that way. This needs to be treated like any other stock. All investors know that all stocks are a risk. To make it clear
I, not regulators, should be able to choose the public investments that are right for me and my family. I should not have to go through any special process like passing a test before i can invest in certain types of public securities. I subscribe to financial publications that provide expert investment advice. I don't need federal regulators telling me how and in what I can invest. I
I am an experienced high net worth investor who utilizes an inverse leveraged long term bond fund as a small portion of my portfolio to offset losses with some gains as interest rates rise. The benefits of this diversification strategy are just now being observed as interest rates are rising. I know what I am doing, not speculating nor trading frequently. Do not take this form of diversification
Leveraged funds should be allowed to continue. Allow for free market trade. Do not make this something only specialized traders can access. I do support education (not tedious, but useful teaching) before being allowed to trade these leveraged funds. Lastly, how do you stop allowing trading of these funds without financially harming those of us who hold what should be easily traded positions? Let