Subject: File No. S7-24-15
From: Vivek Hiremath

February 19, 2020

I have been trading These funds Udow, Upro, Urty, TQQQ in my IRA, Roth IRA and HSA accounts, and benefited from trading them.

Been doing so for a few years. I am 64 years old and very, very conservative with my portfolio. Me and My wife also have invested in various Mutual funds.

My wife's 401k fund in access of $350k is Managed by Fidelity Pro's for which she pays a monthly fee. (These funds do not trade individual stocks such as TQQQ.. etc)

I manage my own IRA Funds, Roth IRA and HSA funds and I BEAT the fidelity pros in down market and bull market... (comparing my monthly , 3-month. 6-months, yearly, max, YTD) all categories with my wife's funds.
I am able to do so because of the opportunities available to me to take part in leveraged and Inverse funds.
These funds make me feel like a Hedge Fund managers who make billions of dollars but are available only to a few elite multi Millionaires.

Please do not change any rules that will make it more paper work for trading these funds. I have lost a ton of money trading individual stocks which have no restrictions.

Please do NOT make life difficult for a 64 year old common man

Best Regards