Subject: File No. S7-24-15
From: Bradley Omick

January 29, 2020

I own an inverse fund, SH that is not leveraged, but simply allows me to hedge my existing long investments in a market that is overvalued. Leveraged ETFs are an entirely different kettle of fish, and are unwise for unsophisticated investors and those with longer term horizons. It makes no sense whatsoever to take away my protection in this market