Subject: N/A
From: John Burke

Mar. 18, 2020

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

Enter your comments here. 
You are proposing to take away one of the basic tenants of investing:Hedging. Today's stock and bond risk is unprecedented and investors need protection. I use these funds in prudent amounts to manage client risk and do not appreciate the government telling me as a 50 year veteran of that you know what is best for my clients. 

John Burke