Subject: File No. S7-24-15
From: Lawrence Matsuda

March 11, 2020

I strongly oppose the proposal to place more restrictions on individual investors who wish to purchase inverse and leveraged funds. I have been using those tools for years. What is proposed is a clear "over-reach" of government. In a time when President Trump promises fewer regulations, this runs contrary to the spirit of his claims and promises. In addition, I assume large investment firms will be able to still use inverse funds without being restricted by the proposed regulations. This proposal clearly harms the small investor and I'm against it and will contact my congress people regarding my unhappiness.