Subject: N/A
From: Reynolds Clodfelter

Mar. 18, 2020

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

Please just see that all investors are properly informed by very clear, relatively short communications as to the basic concerns about leveraged & inverse funds. 

You should not deprive some investors of using these investments just because others fail to allow themselves to be informed. 

Reynolds Clodfelter