Mar. 18, 2020
Comment on SEC Proposed Rule #S7-24-15: Leveraged and inverse funds are invaluable to both my personal trading account as well as the clients we manage money for as an RIA. As an investment professional I am fully capable of understanding leverage and inverse funds and I don't want a third party of regulator preventing me from purchasing these securities. The SEC should not prohibit investors from purchasing securities they want to but rather focus on educating the investment community on the risks. Education and knowledge will far outweigh government imposed limitations on trading over the long run. Regards, Patrick Hennessy