Subject: File No. S7-24-15
From: Matthew Huber

February 19, 2020

Hello,

As a frequent purchaser of leveraged funds and inverse funds it concerns me that I may have to jump through additional hoops or scrutiny to purchase a product that has greatly enhanced my ability to hedge my portfolio over the last few years especially in times of increased volatility. These funds already have a lot of disclosures required that make it very clear what investing in the fund entails and the risks attributed to such. I fully understand what I am investing in when purchasing a fund and limiting access to these funds would hurt primarily the retail investors like myself who use these funds regularly to increase returns and hedge downside risk.