Subject: File No. S7-24-15
From: Edward Farrow

January 30, 2020

This change is unnecessary.
Leverage and inverse fund are an important vehicle allowing the opportunity to easily hedge portfolios. They are easy to understand, liquid, and perfect for the small investor.
The freedom to utilize these vehicles is important to me, and imposed limitations are unwarranted.
If the SEC wants to do something to help the investing public, how about throwing cuffs on that PPT team, or maybe even rounding up the HFT bandits.