Subject: File No. S7-24-15
From: Todd Mendenhall

February 20, 2020

Having the ability to invest in leveraged and inverse funds is important to me as they allow me to seek enhanced returns. I am capable of understanding leveraged and inverse funds and their associated risk. I don't want somebody else trying to make that determination for me. I believe in the free public markets where investors and their advisors have the choice to buy public securities without additional restrictions imposed by the government.