February 26, 2020
I am strongly opposed to proposed rule #S7-24-15. As PhD student in economics, I understand that educated and responsible investors and consumers are the key to a vital economy. Any rules that seek to limit investor actions will create a false sense of security and foster complacency. All investments and securities have inherent risks. Leveraged and inverse funds allow investors to tailor their allocations to their own specific needs and risk tolerance. I believe that given proper disclosure (which exists), investors are capable of understanding the performance characteristics of these funds and don't need a 3rd party determining making that determination for them.
Please do not sanction this new rule and maintain free markets where investors are allowed to invest as they wish and be fully responsible for their own decisions.