Subject: File No. S7-24-15
From: Carsten Mundt

February 25, 2020

I strongly oppose the SEC's new proposed regulations that would make it harder for me to access leveraged and inverse funds. Both of these types of funds are a core part of my portfolio and I am very comfortable holding and trading them. In fact, in these uncertain times I RELY on them to protect and grow my assets.

I am fully aware of the risks and when I purchased these fund I had to certify that I am. I find any additional requirements that the SEC is planning to impose unnecessarily burdensome. I do not want any third party evaluate my capability to use these types of funds as part of my investment strategy and find this proposal very intrusive and misguided.

It is important to me that the markets remain free of government imposed limitations. Leveraged and inverse funds have their place in today's markets, for many investors, large and small, who understand their risks and benefits.