Subject: File No. S7-24-15
From: Pamela Miller

February 19, 2020

Dear SEC Regulators,
I am strongly opposed to the proposed new regulations for reguiring investors to go through a qualification process to invest in leveraged funds. I can see it most likely restricting many from being able to invest in these funds. There's possibly some population or a small population gambling or using them unwisely (if that's the issue), but I believe there are many, such as myself, who use them wisely when the market is doing well to get a boost on returns. I believe this is over-reaching in protecting our citizens and restricts our options for investing for our retirement. As adults we should be able to make adult decisions over all our investments without being double guessed. What other parts of the market would be restricted in the future based on arbitrary rules. Penny stocks? How small would they have to be, etc. The whole area of commodities seems much more scary and riskier than leveraged funds to someone like me. I'd like to note I am not assosciated with the investment industry in any way. I am just an average investor.