Subject: File No. S7-24-15
From: William Mehren

January 30, 2020

I find this proposed rule to be a serious government intrusion into my private business. Having invested using inverse funds for some years now, I have come to rely on them to provide insurance on the balance of my investments. In total my investment in the inverse funds are less that 10% of my portfolio.
I know exactly what I am doing and am fully willing to accept any potential or actual losses.
It gives me piece of mind to use the inverse funds knowing they will help in any market downturn.
It is my opinion that its government fiscal practices that put most of the risk into the market, so to now take away a valid method to insure against government irresponsibility is bordering on the criminal.