Subject: File No. S7-24-15
From: Robert French

February 20, 2020

I strongly disagree with the decision to make leveraged or inverse funds more difficult to buy. Used correctly, they are a powerful tool to help portfolios enhance returns and protect against downturns. While they can be volatile, many investments are - BTC and many small-cap stocks come to mind - yet it would be ludicrous to restrict normal investors' ability to purchase high-volatility stocks. I do not believe these rules are in the public interest and I personally would have a weaker financial future if the rule passed.