Subject: File No. S7-24-15
From: Carol Cheng

March 15, 2020

(A)Thanks for the product of leveraged and inverse funds. It give us high earning potential. Our brokerage firms keep educating us so that we are well informed and trained. There is no need for others to judge our ability to trade leveraged and inverse funds.
(B)We are in a free market. We should be able to explore our earning power. Commodity and option traders do not need someone to evaluate their ability to trade. We certainly believe the leveraged and inversed funds should be treated the same way.