Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: Under the proposed regulation, a requirement to provide substantial financial information, other than that already known, would not be in the best interest of the inverse/leveraged fund shareholder or those attempting to purchase such funds. Brokerage firms could stop offering these type funds due to overburdensome regulation. The SEC has not shown that there are any widespread problems to solve. This new regulation would be detrimental to the freedom to make ones own financial decisions. I would seek to preserve the long-standing free public markets where investors have the freedom to buy public securities with additional government-imposed limitations. Regards, Robert rysner