Subject: N/A
From: Joe Boettner

Mar. 17, 2020

Comment on SEC Proposed Rule #S7-24-15: 

I invest on my own to minimize fees and optimize efficiency. I have and currently maintain positions in leveraged ETFs. They are valuable investment tools and of course they have inherent complexity like many types of investments. I have several concerns about regulating access to these vehicles. I do not feel comfortable with the SEC limiting access and therefore reducing liquidity for the remainder of those that are allowed to work with these funds. I am also opposed to having the SEC decide arbitrarily who can participate. 

joe boettner