Mar. 18, 2020
Comment on SEC Proposed Rule #S7-24-15: Please do not take this valuable tool away from us (the small retail investor). Leveraged and Inverse funds actually allows me to reduce overall market volatility by selectively buying the bull or the bear funds for a limited time (one or two days) thereby limiting my overall exposure to market volatility. This strategy has allowed me to remain in cash for the majority of the uncertain days while selectively investing in a leveraged fund when the odds of movement are in my favor. By eliminating another tool for the retail client to offset risk, the SEC may actually be putting small investors like me at risk. Regards, Thomas Bjorklund