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

March 10, 2020

I have been made aware that the SEC is considering a proposal to limit access to leveraged and inverse funds. I have been trading these funds for years and have been continuously made aware of the associated risk level, by the fund manager. This information about risk is not difficult to understand or to take into account during decision making. The specific risk of holding these funds long term, leads me to monitor my investments daily, and in the event that I am invested in inverse funds, multiple times per day.
I am disappointed, and somewhat offended that the assumption is being made that I am not capable of understanding the risks and thereby making reasonable decisions without being pre-qualified, even though I have been trading these funds for over 10 years.