Subject: File No. S7-24-15
From: RICHARD EDISON

March 11, 2020

I have been investing in inverse leveraged ETF's for many years. I am NOT a professional investor. Leveraged funds enable the average investor to BEAT the market without the need for expensive brokers. Inverse funds enable the average investor to participate in down markets without the need for expensive brokers. I realize that the expensive brokers despise these funds because they reduce demand for retail brokerage services but the rights of individual investors must be preserved and not squandered to satisfy the demands of the expensive brokers. Instead, let them compete for our business with competitive pricing in the free market they claim to support.