Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: Greater regulation for leveraged and inverse funds is a TERRIBLE idea. Regulation will likely eliminate them from the market or put them out of reach of average investors. Leveraged funds allow for potential greater returns and inverse funds allow for better protection in downside markets. To regulate them is stripping choice from me personally and anyone wanting to use it for their investing. It shoehorns people into only what you as regulators would dictate. I understand the concern you have of greater risk, but its disclosed in all the information about these investments. Removing choice or allowing access for only for institutional investors would be another point of contention that governing bodies are trying to limit people so only the rich can get richer. Do not limit the choice of individuals. Disclosures that are already in place are clear enough. Regards, Andrew Dilts