Subject: File No. S7-24-15
From: Frank Csar

October 14, 2020

I have used leveraged and inverse funds for over 20 years, and they allow me to seek enhanced returns and help protect my portfolio.
I am fully capable of understanding leveraged and inverse funds and their performance characteristics, and I don't want or need a third party evaluating my capability to do so and potentially preventing me from buying them.
I believe it is critically important to preserve the long-standing free public markets where investors such as myself and my advisors have the freedom to buy public securities without additional government-imposed limitations on investor choice.