Subject: File No. S7-24-15
From: Rory Perron

January 29, 2020

I use inverse and leveraged ETF's on a daily basis and I don't want to see anything change. I don't understand why a change is being contemplated. They have existed for many years so why would there suddenly be an issue now? Please don't make a big change to these ETF's. This would require me to develop an entirely new trading strategy the may not be adequate to support my goals.