Subject: N/A
From: Gavin Heale

Mar. 17, 2020

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

As a long time investor, I believe any attempt to restrict the sale of leveraged and inverse ETF funds is misguided. 

This will limit the simple ways to hedge positions and get greater leverage. Ultimately I believe this will just force investors into more risky ways of achieving these goals using options and futures. 

Gavin Heale