Subject: N/A
From: Matthew Ceglia

Mar. 17, 2020

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

Leveraged and inverse ETFs are simply invaluable for hedging strategies to mitigate risk. I'm quite capable of using these instruments in the right proportions to protect my portfolio. I know how to monitor them and avoid any undue risk. Now, more than ever, investors need the freedom to buy the investment vehicles we believe will help us reach our goals, without government-imposed limitations. 

Matthew Ceglia