Subject: File No. S7-24-15
From: Neal Benoit

January 29, 2020

I have a very modest portfolio of funds for my retirement and over the past ten years, the use of leveraged funds has benefited me greatly so that my retirement dreams may finally come true. I have a salary that would have otherwise not allowed me to retire.
I have been a personal investor for more than 20 years and after ten years of investing, I introduced the use of this investment instrument and fully understand the risk inherent in such investments, and would find it an undue infringement in my rights as an investor, as it may prevent me from investing is such funds in the future with possibly no merit.
Please preserve the long-standing free public markets that allow investors the freedom to buy public securities without additional government-imposed limitations on investor choice.