Subject: File No. S7-24-15
From: Jeffie Pike

March 12, 2020

I don't know why I need to be protected from leveraged and inverse funds. They are just as risky as normal stocks, and anyone who makes bad investment decisions will never learn anything if someone bails them out, just ask the banks. You learn by losing money. It happens all the time. Making people qualify to buy them is the most ridiculous thing I've ever heard. Please reconsider.