Subject: File No. S7-24-15
From: Ben McGuire

February 20, 2020

I am a lifetime investor currently retired and have managed my own investments for over 40 years. I maintain a balanced portfolio and as an MBA graduate, am thoroughly aware of investment risks.

As part of a balanced portfolio, I choose to invest some of my money in leveraged funds. This is my money and my informed decision.

I respect the SEC and the work it does to protect investors from the financial mishaps of brokerages.

I do not want to be prevented from purchasing leveraged or inverse fund shares. These instruments are critical to my investment approach.

The SEC may require warnings where it deems necessary for the attention of investors. However, the concept of submitting my investment decisions to a committee of individuals for approval or rejection is to me offensive, improper and even Un-American.

Investors and their advisors must always have a right to buy public securities without the imposition of government limitations on free choice.