Subject: File No. S7-24-15
From: James Roberts

January 30, 2020

Leveraged and inverse funds are important to me.

They allow me to seek enhanced returns and help me protect my portfolio.

I have been investing in these instruments for years and am capable of understanding leveraged and inverse funds and their performance characteristics.

I dont 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 my investor choices.