Subject: File No. S7-24-15
From: Scott Wine

February 23, 2020

I am appalled at the proposed rule to limit or ban ultra short funds. I have been an active investor in both ProShares UltraShort Russell2000 Fund (TWM) and Rydex Inverse Russell 2000 2x Strategy (RYIUX) for several years and need these funds in my portfolio. It would be unwise and unfair to prevent investors from having efficient and effective means of hedging their portfolios.