Subject: File No. S7-24-15
From: Phil Zeltzman

January 29, 2020

To Whom It May Concern,

Leveraged and inverse funds are important to me.
They allow me to seek enhanced returns or help me protect my portfolio.
I am perfectly capable of understanding leveraged and inverse funds their performance characteristic.
I do not want a third-party evaluating my capability to do so and potentially preventing me from buying them.
I want to preserve the long-standing free public markets where investors and their advisers have the freedom to buy public securities without additional government-imposed limitations on investor choice.
Thank you for respecting my freedom of choice