Subject: File No. S7-24-15
From: Arlie Scheppke

Mar. 21, 2020

I am opposed to this proposed rule as it represents additional burdens on traders, investment firms and the firms bringing these instruments to the marketplace. The benefit derived for these stakeholders is exactly zero. I have successfully employed these leveraged funds for years, to good effect, as a means to hedge my portfolio. Modifications to the current investment vehicles, their rules and regulations would not be helpful and, in fact, would be unhelpful. 

Thank you, 
Arlie Scheppke