Subject: N/A
From: Neal Wallach

Mar. 17, 2020

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

I am very opposed to the proposed new regulations restricting the use of leveraged funds. 
These funds are an integral part of my investment program and I am very capable of understanding the instruments and risks involved. It is essential that we maintain free and open markets in the U.S. 

Neal Wallach