Subject: File No. S7-24-15
From: Derek Siebert

May 11, 2020

I strongly oppose the proposed legislation. I'm a small investor who makes his own choices and I live with them. I use (some) leverage and occasionally, inverse funds as a part of my overall strategy. Any current problems in the functioning of the financial markets are not due to these strategies, so why is there going to be an instrusive, personal-level intervention? With insane amounts of trading done every millisecond by computers, it seems that regulating computerized trading would be a better use of time.