Subject: Leveraged ETF’s (s7-24-15)
From: Carolyn Kohn
Affiliation:

Mar. 12, 2020



Please stop the trading in LEVERAGED ETF’s especially in illiquid securities and commodities like oil. In the 70’s you could not trade in oil unless you were involved fundamentally. Now Beverly bunny slippers can short using DRIP a 3x negative leveraged ETF to disrupt one of our most important commodities.
Start looking at liquidity and pricing it properly. If you want additional comments I have been doing this for 40 years.
Carolyn Kohn