Subject: N/A
From: Daniel Mullarkey

Mar. 17, 2020

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

This is a terrible idea as it limits retail investors ability to take advantage of institutional investment tools. It is the responsibility of any investor to take the time to understand what they are buying before they buy it and this includes leveraged investments. If they choose not to do that, then they need to take responsibility for those consequences. 

Taking away leveraged and inverse investment vehicles will only further the gap between the "have's" and the "have not's" by prohibiting investors who take the time to learn what they are investing in to maximize their potential investment. 

Daniel Mullarkey