Subject: File No. S7-24-15
From: Paul Woosley

March 15, 2020

I am a retail investor that has been trading in leveraged investment vehicles for some time. These vehicles are important to my personal investment style.

Through my own study of the EFT and the prospectus provided by the fund, I am well acquainted with the risks inherently involved in the purchase and sale of my chosen EFT stock. I do not use an investment adviser. Footnote 176

I am very concerned that the proposed due diligence rules will ultimately exclude me from participation in leveraged investments, whether on the rules' compliance date, or later if my accounts are initially grandfathered in, and whether the proposed rules are applied on a transaction-by-transaction basis, applied as a one-time initial account approval. Footnote 191 Footnote 258

I want the SEC to preserve investor freedom to buy public securities without additional government-imposed limitations on investor choice. I see no advantage in the rules but only hindrance or worse. I want to maintain my current access to leveraged investment funds.

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