Subject: File No. S7-24-15
From: Nghiem Nguyen

January 29, 2020

Leveraged and inverse funds are important to me and allow for enhanced returns to protect my wealth. I understand their performance characteristics and do not need aid from third-party evaluating my capability. I studied finance in school and work in the industry. I want to preserve the long standing free public market and maintain freedom to trade public securities without government intervention. Thank you.