Subject: File No. S7-24-15
From: PARHAD ROBERT

February 20, 2020

Having experienced trading for the past decade at my own level, I am very interested in LEVERAGED INVERSE FUNDS for they represent to me a long term investment, hence I am capable of understanding them as well as their performance characteristics. I consider myself experienced enough to trade them.
Beside the above, I am very much in favor to preserve the long standing free public markets where investors like me have the freedom to buy public securities without additionnal imposed limitations on investor's choices whether coming from Government or such as EU type Organisations.