Subject: File No. S7-24-15
From: Ravi Salver

January 30, 2020

Respected Sir,
I am a small investor and do investments in Equity markets on my own. I do my research and due diligence before investing into any company/ETF/Mutual Funds. I understand the risk in the market with any product and some have a larger risk than others. I invest my hard earned money not to lose but to protect my interests in long term and in that strategy the leveraged and Inverse funds play an important role for my funds protection. I watch these on daily basis and take my decisions based on the market and over all global sentiments.
I would like to continue to invest in these funds and not be arbitrarily restricted in trading these funds.
My personal feeling is the rules should be same for all investors and have level playing field for everybody. If these funds are risky, pull them off the market completely so everyone can benefit of your decisions.