Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: Leveraged and Inverse ETF Funds are extremely important to me as they allow me to seek enhanced returns and as insurance to protect my trading portfolio. I have been trading for well over 30+ years and I am very capable of understanding leveraged and inverse ETF funds and their performance characteristics better than most "Brokers" and I certainly don't want any 3rd party evaluating my capability to do so and potentially preventing me from buying them and taking away my "hedge" and eliminate my portfolio insurance coverage. Finally, I believe it is extremely important to preserve the long-standing free public markets where investors and their advisors have the freedom to buy any public securities without additional government-imposed limitations on investors choice. Thank you for your time and consideration. A very happy long term investor who has insurance to protect their portfolio. Regards, David Lobocki