Subject: File No. S7-24-15
From: CHEONG CHING

April 17, 2020

Leveraged inverse is fund is important to me for seeking enhanced return and portfolio protection.

I'm capable to understand the leveraged/inverse fund and thus do not wish evaluation/prevention of 3rd party on trading of these securities.

I wish to preserve the long-standing free public markets where investors have the freedom to buy securities without additional government restriction.