Subject: File No. S7-24-15
From: Jeffrey Trembly

February 19, 2020

Leveraged and inverse funds are important to me in offsetting position and portfolio risk. I am capable of understanding the proper use of these types of funds and do not wish to lose the ability to purchase them when I determine they would fit my personal investing circumstances.

I do not feel it necessary to qualify through a burdensome process and this would be an unprecedented requirement for the public markets.

I urge the SEC to reject this proposal in its entirety.