Subject: File No. S7-24-15
From: Bret Pearcy

March 13, 2020

I strongly disagree with the proposal for new regulations requiring personal financial information to be provided in order to invest in leveraged or inverse funds.
I one hundred percent believe that not only does the new proposals cause an overly burdensome qualification process but it does set a dangerous precedent on who can buy these funds on the open market. Please reconsider these regulation proposals.