Subject: File No. S7-24-15
From: John Martin

March 12, 2020

Securities and Exchange Commission,

I understand that the SEC is considering limiting or possibly banning individual investors from purchasing inverse or leveraged funds, such as SH. Inverse and leveraged funds are an important tool in the toolbox of the individual investor, particularly those investors that have their funds allocated in retirement funds such as IRA's and 401K's, where investors cannot sell stocks or ETF's short. Without inverse funds, we would be stuck in neutral during a market downturn.
I cannot think of one plausible reason why the SEC would be considering this. If you think certain investors do not have the mental tools to purchase inverse or leveraged funds, what is the next step -- not allowing these investors to purchase stocks at all ?
I urge the SEC to reconsider this proposal. It is not the government or SEC's job to evaluate the capability of individual investors and eliminate them from certain types of transactions.