Subject: N/A
From: Stuart Bobb

Mar. 18, 2020

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

I think this new legislation is unnecessary. As an investor, if my brokerage has approved me to trade on margin or use options, I'm more than capable of using leveraged or inverse funds. Such funds are useful for hedging a portfolio against certain kinds of market moves. 

Stuart Bobb