February 21, 2020
Dear Sirs,
I am writing to ask you not to move forward with Rule #S7-24-15.
These are very valid common points which represent my point of view:
I do now and have been trading Leveraged and Inverse funds without any problem and they have allowed me to seek enhanced returns along with protecting my portfolio.
I fully understand Leveraged and Inverse Funds. I do not need any third-party evaluations possibly interfering or potentially limiting or preventing me from buying them.
The market has and should retain the Freedom for investors and their advisors to buy public securities without additional government imposed limitations on investor choice.
To reiterate, please very strongly consider my view points and do not adopt this proposed rule change which, in my opinion, is just another UN-needed government intrusion.