Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: I trade equities 6-7 hrs per day & have been doing so for over 25 yrs. As a private individual. If you restrict or remove my ability to use inverse &/or leveraged funds. It would be impossible to compete with the electronic trading giants. I would just quit trading. I am sure it would crowd out countless others like me. Goldman-sachs, JPM, Citi, etc. , will be very glad to see this draconian proposal implemented. Regards, claude foreman