Subject: File No. S7-24-15
From: Matthew Brady

January 29, 2020

I am very concerned about this proposed rule and its impact on my retirement planning. I am the "little guy" -- my retirement account is just over $100,000 and I am in my 30s. Over the years, I have made it a point to learn about investing, trading and finance. Leveraged and inverse ETFs are an important part of my retirement planning. I use them judiciously, and they are not a major percentage of my portfolio. Nonetheless, they do serve an important purpose as hedges against other investments in my portfolio. I fear that as "the little guy" I would not qualify to trade these in the future. It is hard enough for me to get ahead as it is, please do not make it harder and leave the current system alone.