Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: Regarding proposed new regulations governing investing in leveraged funds: I am against regulations that require government approval to invest in leveraged funds, The risks and rewards of investing in leveraged funds are adequately addressed and communicated by brokerage houses and does not need further government interference. Leveraged funds are important investment vehicles and the concepts of derivatives and other leveraged investments have been in use for hundreds of years. Free markets need to remain free from excessive government interference and over reach. Third party interference in our right to choose how we wish to invest is going too far. Regards, Stephen Sorensen