Subject: File No. S7-24-15
From: Mauricio Filho

January 30, 2020

Enter your comments here.
Dear sir, madam,
I have been an investor for over 30 years.
I have been using leveraged ETFs for a long time. It has helped me achieve good results. I understand the downside effects is also enhanced through leverage but this is in line with my profile and objectives. I understand the risks involved can be significant but in my case, I want to take it.
I would like to request that these securities remain part of our investment choices as it has been to this date, without any additional government imposed limitations.
Kind regards,