Mar. 18, 2020
Comment on SEC Proposed Rule #S7-24-15: Enter your comments here. As an independent retail investor managing my own accounts to provide for my retirement, I use leveraged and inverse funds to improve my yield. In a world where I am up against large trading houses and hedge funds that use algorithmic trading programs, I am fully cognizant of the risks and am perfectly able to manage my investment risk profile. Anything can happen in the markets including my going broke. The free exercise of my choice of where I make legal investments is an important right that I have as an American. With all due respect, I do not need well meaning but misguided regulators trying to "help" me. Please do not embark on the course you appear to be considering of limiting these types of funds. It would be a very bad precident and unless you have a historically unprecidented plan to ensure we are all winners all the time, you won't find a good place to stop. To be in the market is to bear the risk and reap whatever rewards our skill and nerve can produce. Regards, Brian Condit