Subject: N/A
From: Todd Hardman

Mar. 17, 2020

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

I have spent several years developing an investment system that provides greater return and less risk than "safe" instruments like indexed funds (SPY, QQQ, etc.). A key component of the system is leveraged and inverse ETFs. In my studies, the leveraged ETFs I use exhibit volatility similar to that of popular large cap stocks such as AMZN, AAPL and NFLX. 

I understand the performance characteristics of leveraged and inverse funds, and I do not want the government telling me I am incapable of making my own investment decisions. 

I hope this country can preserve the free public markets that allow investors to buy public securities without government limitations. 

Todd Hardman