January 30, 2020
I have been made aware of your intent to heavily regulate access to leveraged and inverse funds under proposed rule #S7-24-15. I am writing to voice my strong disapproval of this proposal. I have used leveraged funds for years as an important part of my investment strategy and portfolio. they allow me to pursue enhanced returns unavailable to the individual investor through any other convenient investment tool. I fully understand their power and dangers and I do not want to be subject to some third party evaluation of my capability to use them correctly. Furthermore, I feel it is important that the SEC maintains the longstanding free public markets where individual investors have the freedom to buy publicly traded investments without additional government oversight and limitations to investor choice.