Subject: File No. S7-24-15
From: Richard Risner

March 4, 2020

I believe that more control, more education, more freedom, and more alternatives are good for the markets and for private investors like me to make decisions. I believe that investors who are tempted to make exceptionally risky decisions will do so with either a simple vehicle that they can learn from or by borrowing money that they cannot afford to pay back. Leveraged vehicles allow for more options, simpler ways to learn about and try financial strategies, and is actually less risky than other ways that uneducated or unsophisticated investors may seek to enhance leverage and returns. Reject proposed rules to restrict our access to leveraged and inverse ETFs.