Subject: File No. S7-24-15
From: Joseph Giambra

January 30, 2020

Enter your comments here.

Leveraged and inverse funds are important to me, and they allow me to seek enhanced returns and help me protect my portfolio.

I am capable of understanding leveraged and inverse funds and their performance characteristics, and 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 investor choice.