April 11, 2020
Hi, I think the Sec Proposed rule #S7-24-15 is un american in a free market and sets a bad precedent. I personally use leveraged etfs for portfolio protection and some short term trading I personally do not believe I should be required to provide extensive personal financial and other information to my broker or adviser, who will use this information to determine if I will be allowed to buy leveraged and inverse funds. This is a bad move on the Sec part hope you will reconsider the proposed rule #S7-24-15 do not punish everybody because some people do not understand how leverage works there must be another way.