Subject: File No. S7-24-15
From: Abhay Joshi

February 20, 2020

I would like to express my concern about the intention of SEC to make it difficult or impossible to buy leveraged and inverse funds.

Inverse funds are a great way to protect from downside risk of the stock market. It is comparatively a lot safer way to protect from losses in the stock market as compared to short selling or buying options.

I would hate to see the leveraged and inverse funds to go away for no logical reason.