Subject: File No. S7-24-15
From: Zachary Bachner

March 12, 2020

Hello, I would like to voice my opinion against these proposed changes. Especially during these volatile times, inverse funds can be used to hedge against major market downturns. True, these funds may not be suitable for everyone and this is even more true for investors managing their own money. As an established financial planning and investment management firm, inverse funds have allowed us to vastly protect our clients assets during this major market downturn.