Subject: File No. S7-24-15
From: Avis Fike

March 18, 2020

This proposal represents yet another freedom that would be taken away from America. It is sad to see and not fair I want to preserve the long-standing free public markets where investors and their advisors have the freedom to buy public securities without additional government-imposed limitations on investor choice. Levered and inverse funds are important to me, and they allow me to seek enhanced returns and help me protect my portfolio. I strongly believe this proposal is bad for investors, unnecessary and sets a dangerous precedent.