Subject: N/A
From: Anthony Schaffhauser

Mar. 18, 2020

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

Please do not limit or take away my ability to use leveraged ETFs in my retirement investment strategy. Used in an informed way, these are quite useful to me as an individual investor. Used improperly, they are not as bad as individual stocks or cryptocurrencies, or commodities futures. Leverage is not inherently bad, For example a conventional mortgage is 5X leverage. 

Anthony Schaffhauser