Subject: File No. S7-24-15
From: Mark Solomon

April 20, 2020

In these turbulent times, leveraged and inverse funds are a valuable vehicle individual investors can use to protect wealth. I don't know if any type of fund that is void of risks or benefits for that matter. Funds function so differently, ETFs, Mutual Funds, Inverse Funds, Index Funds. Additionally, Leveraged inverse funds can be a safer way of shorting the market for an individual investor. Instead please focus your efforts on minimizing the impact on the American tax payer (and investor) through bailouts especially to banking institutions who are vested in far, far riskier endeavors.