Subject: N/A
From: William Kaufman

Mar. 18, 2020

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

I have a complete understanding of both the risks and rewards of leveraged and inverse exchange funds. I use them very effectively in my tradeing account. I am totally against a government agency regulating and interfearing with free market investment products which historically has alwas had adverse effects on markets. This is a bad idea and should not be implemented!!! It makes one wonder which big money institutions will benefit from the change to the detrament of the indivdual investor. 

William Kaufman