Subject: File No. S7-24-15
From: Clemens Gehrmann

February 19, 2020

As a retail investor, I do not want to lose my access to leveraged and inverse funds which are an important component of my overall portfolio. Your actions destabilize the market and endanger people's life savings as you are "spooking" the market. It is my money and my decision to make what I invest in. Stop manipulating the markets and instead deal with fraudulent activities by market participants. We all know there is plenty of that going on, and yet you do litte to nothing about blatant fraud like front-running and cooked books. Hands off my investments.