Mar. 18, 2020
Comment on SEC Proposed Rule #S7-24-15: Dear SEC, The notion that retail investors are not sophisticated enough to use inverse and leveraged ETF’s is ridiculous. These ETF’s allow the retail investor the opportunity to participate in trades that previously would have only been available to large hedge funds and trading desks that have access to large amounts of money. The risk is limited to the amount purchased. Nothing more. It is not the same as trading commodities or currency. If you are so concerned about retail investors why do you allow the constant manipulations of the metals markets? Do something about that instead of pushing around the retail investors who very much appreciate that availability to use these ETF’s. Regards, Paul Fischer Regards, Paul Fischer