Subject: File No. S7-24-15
From: Thomas Laird

February 19, 2020

I am against this proposed rule for the following reasons:
The SEC has not shown there is a problem that needs to be solved with respect to leveraged and inverse funds. Why should these funds be treated differently than the thousands of other public securities? i am against the SEC from removing my rights as an individual to invest as I see fit. IF this passes what is to stop the SEC from imposing these qualifying regulations across the board and include all investment options. The SEC has a terrible record of protecting investors. They are reactive instead of proactive and almost always miss the culprets, even when warned. Let investors be free to make their own financial decisions and stop trying to manipulate the markets.