Subject: N/A
From: Joseph Brady

Mar. 17, 2020


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

Dear SEC, I understand you are considering a rule that greatly limits leveraged ETF's and/or requires extensive documentation to have access to them. I oppose any rule like this because 1) I read and understand the risks before using the ETFs, 2) I monitor the positions daily and adjust as needed 3) I know I will have some greater volatility relative to an index fund 4) these vehicles are a much safer way to obtain leverage compared to futures or options. I oppose this rule. It goes against free market principles and makes my investing more difficult. thank you. Joseph Brady, Colchester, CT