Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: I am adamantly against the proposed new SEC rule.Investing in the stock market has an inherent risk. There have been periods of heightened volatility in which L&I funds were particularly volatile. Such a period is now. Whoever invests in the stock market, knowing the above should do their due diligence before buying any investment vehicle. Whether it's stocks, bonds, derivatives, futures, etc. The SEC's mandate is not to check the reason behind people's decisions to enter the markets and not to check whether people make wise decisions. That's too invasive and too restrictive.