Subject: File No. S7-24-15
From: Sam Hui

January 29, 2020

Leveraged and inverse funds are important to me and they allow me to seek enhanced returns or help me protect my portfolio as well as achieve my financial objective.
I'm capable of understanding the risk of leveraged and inverse funds and their performance. I don't need 3rd party watching my own capability to do so and impeding me from buying them.