Subject: File No. S7-24-15
From: Linda Lopez

January 29, 2020

I think allowing individual investors the right to invest in leveraged / inverse funds is a very helpful tool to my overall portfolio. It allows me to use this funds to risk a smaller amount of cash for a desired gain. So I can keep a higher cash position in my portfolio.
It also allows me to let the fund experts deal with the implementation of options so I don't have to pick them individually. In the same way that purchasing a mutual fund allows me to take a certain stake in a given market without picking individual stocks myself.
These leveraged and inverse funds actually help me reduce risk in my portfolio. Inverse funds allow me to keep long positions if I want to protect a certain amount of my gains without selling the positions.
I think if anything, some kind of disclosure could be adapted similar to how you have to sign a disclosure to trade options or buy on margin. Both of which I have implemented in my portfolio.