Subject: File No. S7-24-15
From: Jeffrey Kern

February 24, 2020

I totally disagree with proposed regulations making it more difficult to invest in leveraged and inverse funds. I am an experienced investor who relies on the extra income provided by these funds and limiting my access would greatly reduce my income. I survived the last market crash just fine, largely do to a diversification of leveraged and inverse equity, bond and commodity funds and don't agree with the SEC intruding on my ability to do so.