Subject: File No. S7-24-15
From: Wayne Gelder

January 30, 2020

This is ridiculous It's another example of unnecessary government hand-holding:

Leveraged funds are important to me. They allow me to dedicate a portion of my portfolio to seek enhanced returns, while another portion remains in very secure and low-risk securities. I realize that higher risk comes hand-in-hand with higher returns, and I accept that.

Please don't do this