Subject: File No. S7-24-15
From: Yogesh Chareja

March 20, 2020

Leveraged and inverse funds are an important protection tool even for a common retail investor. Over regulation will discourage brokers from offering them altogether making it difficult for retail investors to hedge themselves against risk of loosing money in their 401Ks, the way it has happened in last few months. It will only benefit CNBC kind of networks who are pushing retails investor to buy at all time highs no matter what the valuation.
I urge you to refrain the temptation to stand in the way of short selling, as it will really be ban on selling and will discourage investors from U.S. markets.