Mar. 18, 2020
Comment on SEC Proposed Rule #S7-24-15: Leveraged funds are important to my clients portfolios and they allow them to enhance returns and help protect their portfolios. I am fully capable of understanding leveraged and inverse funds and their performance characteristics and I don't believe that a third party should be evaluating my capability to do so and potentially prevent my clients from buying them. We should preserve the long-standing free public markets where investors and their advisor have the freedom to buy public securities without additional government-imposed limitations on investor choice. Regards, Lynn Verrilli