Subject: File No. S7-24-15
From: Tom Stamos

January 30, 2020

As a long time ProShares investor, I find it outrageous that changes to restrict or make it more difficult to obtain leveraged and inverse funds are being considered.
My investment advisers have always included verbiage describing the risks when recommending them.
My Brokerage, TD Ameritrade has a similar "warning" on every purchase/sell page prior to execution.
I don't believe anyone could buy or sell these funds without knowing the risks involved, like any other market vehicle.
Restrictions of any sort would be fundamentally intrusive to my investment opportunities.