Subject: File No. S7-24-15
From: David Barber

February 25, 2020

I am opposed to the SECs proposed rule concerning investing in leveraged and inverse exchange traded fund products for the following reasons.

Leveraged and inverse funds are important for developing long/short strategies, and to increase returns in both rising and falling markets.

I am capable of understanding leveraged and inverse funds, their performance characteristics, and do not want a third party evaluating my capability to do so, or preventing me from purchasing such desired funds.

I wish to preserve the concept of free public markets where investors and advisors are free to purchase securities without additional government imposed limits on their choices.

Thank you.

David Barber