Subject: File No. S7-24-15
From: Peter Blom

February 19, 2020

No new regulations impacting investors in leveraged and inverse funds such as those offered by ProShares

As smaller investors my family members and I have made extensive successful use of leveraged and inverse funds in our investing strategies and it it critical to us that these products remain available to all investors

They are simple, easily understood, affordable and most helpful in that they have helped us enhance our returns and protect our portfolios without having to learn all the ins and outs of complicated and expensive options margin trading strategies.

If anything we need more of these products made available to the average investor rather than more government-imposed limitations on investor choices

It is completely unnecessary to have some third-party evaluating our capability to buy or sell such simple and easily understood products. In fact, we would go so far as to say that leveraged and inverse funds have been the best products made available to investors in the 30+ years we have been investing and we wish they had come along much sooner

So once again let us be completely clear - please do not create any new regulations impacting investors in leveraged and inverse funds If anything please encourage the creation of more such products that empower the average investor with easy to understand ways to pursue their investment objectives

Thank you