Subject: File No. S7-24-15
From: David S

January 29, 2020

To Whom It May Concern:

I strongly disagree with the proposal to create new regulations on leveraged and inverse funds.

Leveraged and inverse funds are important to me as a trader and allow me to seek enhanced returns as well as protect my portfolio.

I am capable of understanding leveraged and inverse funds and their performance as well as the risks, and I do not want a third-party to evaluate my capability to do so, nor prevent me from buying them.

In conclusion, I strongly stand by preserving the free public markets where investors have the freedom to buy public securities without additional government-imposed limitations on my investing choice.