Subject: File No. S7-24-15
From: Howard Hall

February 20, 2020

The proposed regulation is completely unnecessary. Investors in leveraged funds are provided with prospectuses which detail the risks involved, just like what has historically been done for all securities. Leveraged funds are and have been a critical part of my portfolio. Further government interference in the public markets is not warranted given all the existing government oversight that investors are presently provided. Enough is enough