Jan. 30, 2020
CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Comments of G. Walter on S7-24-15 Comments of G Walter, Retired, Illinois Email: StupidSECRules@walterg2.33mail.com Time: January 30, 2020 href: /comments/s7-24-15/s72415-nnnn.htm file: s72415-nnnn.htm Uploaded href 1: /comments/s7-24-15/gwalter6590.pdf Uploaded file 1: gwalter6590.pdf Subject: File No. S7-24-15 From: G Walter Affiliation: Retired -------------------------- January 30, 2020 As a retired retail investor in the age of reducing regulations, this is truly one of the stupidest rules ever proposed. Jason S. Scott, John G. Watson in their paper from Stanford University, "The Floor-Leverage Rule for Retirement" address the increased efficiency of a portfolio by using leveraged ETFs. Also, Inverse ETF's are very helpful in reducing downside portfolio volatility. Every retail investor knows there is increased risk and volatility with leverage. We do not need some SEC elitist coming out with a rule making it more difficult for investors to use investments that reduce downside volatility and increase portfolio efficiency. This rule should be voted down and the SEC idiot that came up with this rule should be fired. INDEX Entry: <tr onMouseOver="this.bgcolor='#E0E0E0'" on MouseOut="this.bgColor='#FFFFFF'" bgcolor="#FFFFFF" valign="top"> <td nowrap>Jan. 30, 2020</td> <td><a href="/comments/s7-24-15/s72415-nnnn.htm" class="subCat9">G Walter, Retired, Illinois</a></td></tr>