Subject: File No. S7-24-15
From: Steve Youtsey

February 21, 2020

Re: Proposed new regulations impacting my ability to invest in leveraged and inverse funds.

I have been investing in these types of funds for several years and have made substantial profits.
They are a minority, but very important, position in my portfolio.

I am not a finance professional but I am fully capable of making my own investment decisions. I certainly do not need nor want the government telling me how I can or can not invest my own money.