Subject: File No. S7-24-15
From: Govindarajan Chebrolu

February 21, 2020

Leveraged and inverse ETF funds let me manage my investment more efficiently with the same amount of investment I otherwise could do without leveraged and inverse and inverse leveraged ETF funds. Every investment has risk in it and does the leveraged and inverse ETFs. Its up to the investor to understand the risks and rewards before choosing to invest in any. Restricting any leveraged or reverse or reverse leveraged ETFs doesnt do any good to investors. It only creates unnecessary burden on them and the brokerage firms