Mar. 18, 2020
Comment on SEC Proposed Rule #S7-24-15: I oppose Proposed Rule #S7-24-15. The proposed rule smacks of an effort to make capital markets into a political utility instead of a means to efficiently allocate capital. Individual investors are capable of understanding leveraged and inverse funds. They don't need third parties to prevent them from investing in these products. Individual investors should have the freedom to buy public securities without government-imposed limitations on their choices. Regards, Mark Nockleby