Subject: N/A
From: John Wingate

Mar. 17, 2020

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

I am writing to voice my disagreement with the proposed or “to be considered” regulation of inverse or leverage funds. 
I do not believe regulation of leveraged ETFs will produce any constraints on market volatility because of the nature of the instrument. 
On the other hand regulation may serve to protect some individuals from losses, and regulation may serve to harm other individuals from gain. In other words; regulations’ effect would be more or less a wash for the protection of individuals. With no affect on market volatility. 
This being the case, SEC should not be involved in regulating for individuals with no market benefit. 

John Wingate