May 6, 2020
Comment on SEC Proposed Rule #S7-24-15: I respect the role of the SEC to provide oversight on the various types of investments and risks for individuals, institutions, and the overall economy. The SEC's role is remarkably complex fairly balancing: the clout from vested interest financial institutions who profit by wielding control over the markets and benefiting from exceptionally complex rules, where only they understand the mechanisms; with - the savvy individual investor who chooses to avoid these costly 'country club' financial firms. I am taking the time today to appeal to the SEC to preserve access for the qualified individual investor to trade Inverse and Leveraged ETF's. These instruments liberate us from the enormously complex, 'country club' world of trading options. So, my access to these financial instruments is in your hands. Yes, please help assure unknowing investors do not bet and lose the kingdom on something they do not understand. But also, please do not make access to these instruments so complex and cumbersome that an act of Congress is needed to qualify to trade them. I’m discouraged by what I’m seeing – a move back to a trading world that is so complex that qualified individual investors will lose ready access to the leveraged and inverse ETF's. Thank you for allowing me to provide these comments. Sincerely, Brian Komorek