Subject: N/A
From: James Holloway

Mar. 17, 2020

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

The proposed regulations are ill-advised for three main reasons: 1) they are bad for investors because they would eliminate enhanced returns and portfolio protection offered by these funds, 2) they are unnecessary because the SEC has not shown there is a problem with these types of funds, and 3) it sets a dangerous precedent by requiring individuals to "qualify" to trade in these funds, breaking with 90 years of tradition that gives investors the freedom to make their own investment decisions. Please drop these regulations now! 

James Holloway