Subject: File No. S7-24-15
From: Michael Hadley

February 19, 2020

I believe the SEC's proposed rule #S7-24-15 is a bad proposal. As a small investor I rely on being able to enhance my returns using leveraged and inverse funds. This proposed rule is heavily biased toward the large investor and against the small investor. It would virtually eliminate the small investor from being able to participate in these funds. Please continue with the current long-standing free public markets where I, as a small investor, can still have the freedom to buy public securities without additional government imposed limitations. As a small investor, I should have the choice as to what I want to invest in and not some third-party who could potentially prevent me from investing in these types of funds. This proposed rule is extremely unfair and very wrong.