Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: The only possible justifications for taking away my freedom to invest in leveraged and inverse funds is that I either don't understand the risks, or I cannot manage the risks myself. Neither is the case. Let me cut to the chase: I have net LOST MONEY using leveraged inverse funds. STILL, I am writing in defense of my right to use them to diversify my risk. They are an important tool. They enable me to diversify risk in ways that I cannot using any other tool. Please don't take the tool away, or limit my ability to use them. If you are concerned about uneducated people misusing these tools, insist that these people be educated. That I could support. Taking the tool away.... No way. Regards, Matthew Weymar