Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: The opposed rule (regulations) are totally unnecessary and will provide an undue burden on both investors and investments managers, particularly those seeking to use leverage instruments to hedge their portfolios. Should we apply the same proposal to stocks without earnings? To stocks considered speculative? Where do we want to stop. All leveraged or inverse products carry ample warning concerning the risk of loss should the products be misused. Investors/speculators have a host of ways to lose money and adding these burdensome regulations will not solve that problem. Let the buyer beware and the SEC should stay out of adding more rules and regulations to these funds. Regards, john stout