Subject: File No. S7-24-15
From: Pete Nikolai

February 19, 2020

RE: Release 34-87607 which proposes restrictions on investing in leveraged and inverse funds. You're not my mother and I do not need your supervision. The opportunity to invest in leveraged and inverse funds is important to me and to my ability to achieve better returns. I am capable of understanding and investing in such funds and neither need nor want your assistance. This is the United States. We value free markets and the opportunities and risks that come with those free markets. The information available provides sufficient guidance regarding the risks.