Subject: N/A
From: Eric Lodewijk

Mar. 17, 2020

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

Dear Sirs ,this a very bad proposal because the USA is a capitalistic society and we as individuals do not need to be protected by onerous ,paternalistic government regulations.More specifically leveraged and inverse traded EFS are generally only bought and traded by sophisticated investors and the reverse ETF funds function as an important insurance policy to steep market declines.If you think you are trying to protect investors from themselves you first ought to take a look at the penny stock market where crooks and naive low income investors operate with impunity 

eric lodewijk