Mar. 18, 2020
Comment on SEC Proposed Rule #S7-24-15: Enter your comments here. Your proposed rule regarding leveraged and inverse funds is badly advised. I was an investment adviser for 57 years and continue to manage my family accounts. This new rule will be burdensome and May even cause some funds to close. I believe that as long as investors are aware of the negative aspects of these funds, the decision should be left to their discretion . Free markets require transparency but government interference implies that the agency has superior knowledge to the individual investor. This would be a terrible precedent. Require knowledge but not burdensome regulations. Fred Ehrman Regards, Fred Ehrman