Subject: N/A
From: james mackay
Affiliation:

Mar. 17, 2020


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

Your proposal about leveraged and inverse funds is wrong. You support wall st insiders to have the upper hand in the markets.These funds can provide a hedge against loss without liquidating your portfolio ,they have been around a long , long time and now you come up with this. You are interfering in a free market place.That leaves options and futures which are much more risky . 

Regards, 
james mackay