Subject: File No. S7-24-15
From: Kevin Leonard

January 30, 2020

I manage my own IRA which was funded by a 401k and a pension buyout. I utilize a leveraged short of long term treasuries to hedge my portfolio which is heavily weighted with bonds. I have an MBA in Finance and believe I should not be prevented from using financial tools to manage my retirement funds. I do not have a guaranteed government pension, therefore I need all the resources available to manage my golden years as best I can.