Subject: File No. S7-24-15
From: David Parsons

March 19, 2020

I strongly object to this proposed rule. I am a personal investor, who worked in the financial industry and I have substantial knowledge of the use of leveraged and inverse funds. I have used these (together with low volatility funds) to get an ideal exposure mix for the risk levels that I am looking for. These funds provide a method of dialing in the right amount of risk for my portfolio.