Subject: N/A
From: Frank Shaffer

Mar. 17, 2020

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

I object to this ruling because: 

1. It will make it more difficult for individual investors, particularly those who manage their own accounts, to buy leveraged and inverse funds 

2. The SEC has not provided adequate justification for changing the ruled 

3. Why are we changing a procedure that has been in existence for 90 years, and does not seem to have done much, if any, harm 

Frank Shaffer