Subject: File No. S7-24-15
From: Oranee Tawatnuntachai

January 30, 2020

I see the proposed proposal is counter-intuitive with the free market. Further, it punishes small individuals by adding unnecessary costs. Leveraged and inverse funds are cost-effective products for small individuals who want to enhance portfolio returns. Investors who invest in these products like me understand risk involved. I strongly encourage SEC not to adopt the proposal.