Subject: N/A
From: Michael Harwood

Mar. 18, 2020

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

This is a bad proposal because it will limit the freedom of investors and their advisors to utilize leveraged and inverse funds at appropriate times. 
I have held these types of funds in my portfolio on many occasions in order to enhance my returns. I am aware of their performance characteristics, advantages and disadvantages, and I don't need a third party evaluating my capability to handle my investments. 
Adding government-imposed limitations and qualification requirements for buying these funds sets an undesirable precedent which can lead to further restrictions on investor freedom. 

Michael Harwood