Subject: File No. S7-24-15
From: Robert Gribnau

February 19, 2020

Dear SEC

I have been a long-time private investor in leveraged and inverse funds and these are of utmost importance to me, and my family, for financial planning. The ability to continue to invest as a private individual is important to protect our portfolio and to diversify.

I fully understand the risks associated with leveraged funds, and there is no need for a 3rd party to evaluate my ability to acquire these funds.

I STRONGLY disagree with the SECs proposed rule #S7-24-15.