Subject: File No. S7-24-15
From: Curt Spencer

March 8, 2020

Enter your comments here.
I am 70 years old and have been investing for 50 years. I's my understanding that you want to heavily regulate or stop people like me from buying or selling leveraged and inverted funds of which I have owned for ten years.
Before you guys start wagging your finger at me where were you guys before Enron and World Comm collapsed where were you when banks were selling mortgage backed securities and nearly caused a depression? The only time we hear about the SEC is when it's cleaning up another financial mess? It's my understanding that I would have to provide extensive personal and financial information and you would you evaluate me in order to be allowed to buy or sell leveraged or inverse products. Well SEC lets look at Uncles Sams balance sheet The US government has racked up a deficit of 1 trillion dollars and that on top of another 19 trillion from previous years. My balance sheet has $0 debt and you guys are going to make financial decisions for me? Right now from my point of view my balance sheet looks way better and you guy's are going to make financial decisions for me?
Leveraged and Inverse products form a very important part of my investment mix in the past, present , and future.
Before you tell what I can or cannot invest in I suggest that Uncle Sam work on his own financial house
Curt Ross Spencer