February 19, 2020
In regards to SEC Proposed Rule #S7-24-15, I would like to express my concern as to the potential limits this rule will imposed on some investors for buying and selling of the leveraged and inverse funds.
I regularly use these products as a focal point of my trading strategy. They lower the risks of my portfolio while maintaining an acceptable level of return.
Without these products I would not be able to implement my strategies and will inevitably have to take on additional risks.
There are inherent risks in using these products. And I do not want a third party to evaluate my understanding of these products before being granted the opportunity to trade them.
I appreciate SEC preserving the long-standing free public markets where investors have the freedom to buy public securities without additional government-imposed limitations on investors' choice.