Subject: File No. S7-24-15
From: Jennifer Scalaro

February 25, 2020

I would like this proposal to be reconsidered. As an investor these funds allow me to hedge my downside risk without liquidating my total portfolio.

I understand how to utilize these funds as a hedging technique and the risk associated if the inverse market action does not occur.

I believe this can be a fundamental hiderance to the free markets in the US financial markets.

In closing, I would like the SEC to reconsider this proposal.