Subject: File No. S7-24-15
From: Gary Cotton

February 20, 2020

Dear SEC:
I would ask you to leave inverse ETF's just like they are. I am a 69 year old self directed investor using my Traditional IRA. It is the only way I can hedge my account without owning a stock. The change in laws would make it harder for a retired senior citizen to invest.
Thank you
Gary Cotton