Subject: File No. S7-24-15
From: Angelo Smyrnios

March 11, 2020

Not an options trader as I do not understand them well enough to safely use them. Leveraged and inverse funds are critical to me to protect my portfolio in Liu of options and provide the perfect alternative.

I have been using and fully understand how leverage funds work and don't need "someone" to protect me.

For the most part the markets have represented a freedom of decision making for the general public over the past 90 years. The government should absolutely have no involvement in what I can or cannot incorporate in my portfolios. Let's maintain our democratic and Capitalist society.