January 29, 2020
I strongly object to SEC Proposed Rule #S7-24-15 in that I understand the associated risks of the leveraged funds, I am capable of making my own educated investment decisions and that they have been an invaluable portion of my portfolio. If you want to increase your regulation, don't allow them to reset at the end of the day. There are many investment products that should be banned, but these are not one of them. On the other hand, the inverse funds should be retooled so that they do what they are intended to do.