Subject: File No. S7-24-15
From: Michael Zimmerman

February 19, 2020

I strongly feel that the proposed regulations are unnecessary, bad for investors, and set a very dangerous precedent. Leveraged and inverse funds are very important to me. They allow me to protect my portfolio, and also seek enhanced returns. I have 40 years of investing experience, and am fully capable of understanding these funds and their performance characteristics. I certainly do not need or want a third party evaluating my capabilities to use these funds, or prevent me from buying them. I feel that it is vital to preserve the long standing free public markets where investors have the freedom to buy public securities without additional government imposed limitations on investor choice.