Subject: N/A
From: David Simpson

Mar. 17, 2020


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

I am opposed to the proposed regulations that would require extensive financial information and qualifications in order to buy leveraged and inverse funds. As an RIA, these are valuable tools to me and my clients. Like any investment, due diligence is required. However, regulatory burdens that would inhibit the use of all investment options does not enhance due diligence. Rather, it limits investment options and strategies that may help a client's portfolio. I sincerely request the rejection of this additional layer of client disclosure and alienation from market options. 

David Simpson