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

January 30, 2020

Leveraged and inverse funds are VERY important to me, and they allow me to protect my portfolio at extremely low cost in a very convenient manner.
I am capable of understanding leveraged and inverse funds and their performance characteristics, and 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 advisors have the freedom to buy public securities without additional government-imposed limitations on investor choice.

In particular, I do NOT want increased regulatory burden to result in increased costs or less availability for these levered/inverse products.