May 11, 2020
Dear SEC,
I understand that your proposed rule #S7-24-15 would require investors to provide extensive personal financial and other information and be evaluated to determine if I am allowed to buy leveraged and inverse funds. Please do not impose this rule on investors, allow investors to make their own financial decisions without the impediment of more government rules -- let the markets be free. I perfectly understand how inverse funds. What I don't understand is an out of control Federal Reserve and Federal Government that spends and creates money without regard to the future. Trillion dollar deficits, expanding Fed balance sheet, artificially depressed interest rates, ballooning stock market bubble, overleveraged and undercapitalized businesses, reckless stock buy backs, corporate welfare or what I call socialistic capitalism, globalism at the expense of the middle class in the U.S. and U.S. security, and frequent "black swans" that support further recklessness -- the list goes on. If you can focus your attention on any of these macro issues that fall in your bailiwick, instead of straining at a gnat and swallowing a camel -- much appreciated.