Subject: File No. S7-24-15
From: NATHANIEL DENT

October 14, 2020

I fully understand the risks and rewards of buying leveraged and inverse funds. Please don't prevent me from buying them Leveraged and inversed funds has helped me grow my account. For example, when the SP 500 is down 100 points, I fully understand that the SPXU is up 300 points, which is -3x the inverse of the SP 500.