Subject: File No. S7-24-15
From: reginald fugatt

February 19, 2020

leveraged and inverse funds should be left as is. the markets are already being manipulated enough. The 2017 corporate welfare tax cuts went to stock buy backs that have artificially inflated the markets. The federal reserve lowered interest rates when they should have been raising, and they are also pumping markets with QE even though they don't want to call it that. Now you want to further the problem by restricting or eliminating the purchase of leveraged and inverse funds.

Please leave things alone and allow us to buy protection when this overpriced market goes south.

thank you