Subject: File No. S7-24-15
From: Joseph Granuzzo

February 21, 2020

Enter your comments here. Inverse funds are an important part of our free markets for us to have the equal opportunity to trade, build and protect our portfolio as we see fit. I certainly don't need any third party or government limitations on my choices. Just food for thought, the sorry truth of the matter is this should of been the case after the market crashed in 2008 and turned back into a Bull market. Now that the market is headed into record highs and ready for a Big correction is not the time and place for changing the rules of the game to go against the public investor.