Subject: File No. S7-24-15
From: Howard Huang

February 20, 2020

You should NOT limit individual investors access to leveraged and inverse funds as a matter of fairness. The government bailed out some big banks that were thought too big to fail. Why would you limit individual investors, yet allow banks who have needed a bailout to continue? That would make no sense. Individual investors have not been the problem, so don't limit them.

Thank you.