Subject: File No. S7-24-15
From: John Gilbert

March 6, 2020

Leveraged and inverse funds are important to me, they allow me to seek enhanced returns and help me protect my portfolio.
I'm capable of understanding leveraged and inverse funds and their performance characteristics, and I don't want a third party evaluating my capability to do so and potentially preventing me from buying them.
I want tp preserve the long-standing free public markets where investors and their advisors have the freedom to buy public services wothout additional government-imposed limitations on investor choice.
Your job is to monitor the funds, not the investors