Subject: File No. S7-24-15
From: Thomas Kennedy

January 30, 2020

I have been invested since 2013 in the triple leveraged QQQ (TQQQ) through a buy and hold strategy that has resulted in a compounded annual return of 48%, successfully funding my three children's college fund and our personal lifestyle. It is critical that access to this instrument is maintained and I find it disheartening that the very leverage that President Trump has used to create his real estate empire now come under attack by his own administration. It is patently Unfair to limit or worse take away a tool that is fully disclosed as it stands in the documentation. Free markets and how investors work in them is tantamount to living in a free society.

Don't mess with this and cost the very voters that support you from changing our perception of your Administration.