Subject: File No. S7-24-15
From: Ivy Fox

May 11, 2020

The proposed rule to bar retail investors from leveraged and inversed financial instruments is unfair and unjust. Individual funds are not the SECs funds therefore the SEC should have no jurisdiction on how that fund is allocated. If you the SEC is proposing this rule, then you should require that only entities with an asset threshold of $1,000 Trillion US dollars be allowed to trade LI.