Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: Leveraged and inverse funds are important to us and they allow us to seek enhanced returns and help us protect our portfolio. We are capable of understanding leveraged and inverse funds and their performance characteristics and we don't want a third party evaluating our capability to do so and preventing us from buying them. We want to preserve the long-standing free public markets where investors and their advisors have the freedom to buy public securities without additional government-imposed limitations on investor choices. Regards, Timothy Mac