Subject: File No. S7-24-15
From: Michael Gately

March 12, 2020

being able to trade leveraged funds allows an easy way to leverage returns without having to deal with messy margin accounts, account maintainence calls, rolling futures or options expirations. Limiting the number of potential customs who can trade these products or adding burdensome restrictions to them will in hinder companies like ProShares from offering such products.