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

January 29, 2020

Leveraged and inverse funds have been available for decades. They are EFTs and mutual funds that offer shares like any other mutual fund or stock.

I understand the risks of these funds quite well as I have frequently invested in them after initial examination of their potentials and their risks. When used properly they offer an appropriate option, or they can be used to balance various stock/option combinations.

I really don't appreciate the government imposing these restrictions on my choices. The freedom to choose is important to me, my investing strategies, and rights.