January 30, 2020
I am voicing my objection to your proposed rule #S7-24-15. Individual investors may not be wise, but we're not always stupid. We learn as we go. In particular:
Leveraged and inverse funds are important to me, and they allow me to seek enhanced returns or help me protect my portfolio.
I am capable of understanding leveraged and inverse funds and their performance characteristics, and I dont want a third party evaluating my capability to do so and potentially preventing me from buying them.
I want to preserve the long-standing free public markets where investors and their advisors have the freedom to buy public securities without additional government-imposed limitations on investor choice.