Subject: File No. S7-24-15
From: Jonathan Butler

February 19, 2020

There should be no limitation on the use of levered and inverse funds. They are useful vehicles for investors who wish to have more aggressive control over their investments, and we should not have to justify our use of them to the government. Their risks should be obvious to anyone who bothers to research them even a little, and those who dont bother can learn the hard way. Dont burden the rest of us. This is government overreach.