Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: I am “not” in favor of additional regulation of inverse ETF’s. 1) Fidelity already requires you to read information highlighting the risks involved with Inverse ETF’s and you must identify yourself as an “aggressive Growth” investor before placing an order. 2) We have all made good and bad trades, and I personally want to accept responsibility for my actions without further regulation. 3) I have utilized inverse funds effectively as a means to recover losses I have incurred previously and am grateful they are made available to an unprofessional investor like myself. 4) If you do not understand the risk involved after reviewing the prospectus then one should not make the trade. 5) No more regulation please.