Subject: N/A
From: Thomas Nolan
Affiliation:

Mar. 18, 2020

Comment on SEC Proposed Rule #S7-24-15: 

Leveraged funds like inverse funds are important to me to hedge against long exchange funds and ETF's . This I believe is not good for the investor. 

Please I urge you not to make these changes. 

Regards, 
Thomas Nolan