Looks like SEC is pushing back on all the 3x and 5x filings, calling them out on the loophole they were trying to use, to get around the 200% VAR, and "requests them to revise the obj and strategy to be consistent with 18f-4 or withdrawal" Honestly, it's for the best. I'm as libertarian as they come and I think 2x is plenty of heat, any more and we'd have termination events regularly, would be a constant distraction.