Subject: File No. S7-24-15
From: Dave Kotfila

February 21, 2020

I like many have lost tens of thousands as a result of the 01 and 08 financial crashes. Allowing small investors to lose money investing in such products as inverse instruments during the longest bull market only to threaten to restrict if not eliminate them when the markets begin to show stresses, offering the opportunity to recoup those loses is un-American and criminal