Subject: File No. S7-24-15
From: Bill Willoughby

January 29, 2020

I strongly object to the SEC proposed regulations S7-24-15 that would restrict investment in leveraged and inverse funds.
I have been a successful private investor for over 40 years and have used funds such as TQQQ and its options to enhance my returns for several years. With leveraged funds options I have earned significantly greater option returns for significantly less investment or collateral requirements.
The government should not be imposing restrictions on our choice of public securities.