Subject: File No. S7-24-15
From: Bruce Feldman

March 12, 2020

I firmly believe that it is important to maintain unimpeded access to leveraged and inverse ETF products for trading for all individual investors. The large Bank trading desks and Mutual Funds are freely able to use huge amounts of leverage, at their discretion. The individual investors should have the same advantage. It is only fair. It is a very important feature of my own trading.