Subject: File No. S7-24-15
From: Doug Janiak

March 12, 2020

Dear SEC,

I am writing to speak out against new regulations in regards to Inverse and leveraged Exchange Traded Funds.

Leveraged and inverse funds are important to me because they allow me to hedge risk in my personal investment portfolio.

I am fully aware of the risks and characteristics associated with leveraged and inverse funds and I want to be able to freely trade them without additional government-imposed limitations.

Thank you for your consideration of my position against additional regulations in regards to leveraged and inverse exchange-traded funds.