Subject: File No. S7-24-15
From: Lawrence Shine

March 10, 2020

I have used leveraged and inverse funds to help you protect my portfolio. The current volatility is evidence enough to me that they provide a hedge at the individual customer level I have invested my own money for 45 years now and am capable of understanding leveraged and inverse funds and their performance characteristics
I dont want a third party evaluating my capability to do so and potentially preventing me from buying them.