Subject: File No. S7-24-15
From: Karen Kraus

March 29, 2016

I am emailing you to please not put into place any restrictions on inverse ETFs. I understand how they work and the risks involved. I use them as extra income to supplement my income. I am trying to support my family and they help me tremendously.

Your action would force me to take MORE RISK in my portfolio than I do now. Individual company stocks go down and out of business every day. I use these derivatives to protect myself and I am actually shocked at how well they have have worked for me. I can actually sleep at night because of them. I do not have to worry about waking up one morning and finding out my company is being investigated by the SEC, or just lost a major lawsuit, or lost a drug patent, or was hacked by the Chinese, or the CEO committed fraud. These are the issues you should work on. Since I lost money on Sune Edison are you going to now say I can't trade stocks? Please stop helping me. You are killing me