Subject: File No. S7-24-15
From: Douglas Schlicting

January 29, 2020

Leveraged and inverse funds are important to me, and they allow me to seek enhanced returns or help you protect my portfolio. I am capable of understanding leveraged and inverse funds and their performance characteristics, and I dont want a third party evaluating your capability to do so and potentially preventing you from buying them. I want to preserve the long-standing free public markets where investors and their advisors have the freedom to buy public securities without additional government-imposed limitations on investor choice. There are thousands of other investments that subject an investor to much more risk. Do not restrict our freedoms.