Subject: File No. S7-24-15
From: MICHAEL OLES

January 30, 2020

I BELIEVE THE REGULATIONS PROPOSED BY THE SEC IS WRONG REGARDING LEVERAGED SHARES. I BELIEVE IT TO BE MY RIGHT TO USE THESE RESPONSIBLY IN ORDER TO INSURE A MORE BALANCED PORTFOLIO BOTH IN GOOD TIMES AS WELL AS DIFFICULT. I WANT AND NEED THEM