Subject: N/A
From: Mark Lochheed

Mar. 17, 2020


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

Leveraged and inverse funds provide an efficient, important and vital capability to hedge my other portfolios. i have managed my own stock, bond, option and futures portfolios for 20 plus years and am fully capable of assessing and understanding the risks and characteristics of these types of funds. Restricting or removing access to investment vehicles such as these will only push people like me to more esoteric vehicles such as options and futures in our attempt to prudently hedge risk. 

Mark Lochheed