Subject: File No. S7-24-15
From: Ken Kallin

February 2, 2020

Leveraged and inverse funds are important to me and they allow me to seek enhanced returns.

I am capable of understanding leveraged and inverse funds and their performance characteristics, and do not want 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.