Subject: N/A
From: Gilbert Niwa
Affiliation:

Mar. 17, 2020


Comment on SEC Proposed Rule #S7-24-15: 

I have benefited from purchasing a leveraged fund by having higher returns than a "normal" one. The exposure to the loss is capped to the amount invested in the fund thereby providing a way to manage the risk and get returns without trading on margin. 

Regards, 
Gilbert Niwa