Subject: N/A
From: Fei Liu

Mar. 17, 2020

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

Similar to stock options, leveraged etf is a powerful investment tool to help investors who understand the risk and reward to achieve their goals. Regulations are needed to supervise the fund to avoid defaulting and also need to avoid the fund itself intervenes the market. For example, the rebalancing caused self squeeze of etf svxy on 2018-02-05. 
Under reasonable supervision, leveraged etf is still suitable for many investors for hedging or other purposes. Please consider keeping them. 

Fei Liu