Subject: File No. S7-24-15
From: Valerie Guinan

February 20, 2020

I have been using leveraged and inverse funds for more than a decade to enhance my returns and protect my portfolio.

Obviously I am able to understand leveraged and inverse funds and how they perform and I do not want a third party judging my ability to use them and perhaps prevent me from buying them.

Free markets do not need government-imposed limitations on what investors and their advisers choose to buy.