Subject: File No. S7-24-15
From: Douglas a

February 19, 2020

As an informed investor I would like the freedom to continue to invest my money in leveraged and inverse funds. Inverse funds allow informed investments against the markets that keep it from getting inflated from one-sided investments. This prevents bubbles, and/or allows people to benefit from the bursting of bubbles, allowing a contervailing force that offsets economic downturns.