Subject: File No. S7-24-15
From: charmaine lobo

January 29, 2020

I would not want to be restricted in terms of buying leveraged ETFs. I have bought and held them since 2009 and have done extremely well with them with my buy and hold strategy and with my short-term trading strategies. I still own triple leveraged ETFs from 2009 and am able to now retire under the age of 50 only because of the profits from these ETFs. I understand all the risks. Thank you very much.