Subject: File No. S7-24-15
From: Rick zho

February 20, 2020


Leveraged ETFs are by far one of the best things to happen in this century. To an experienced investor with discipline, it provides a massive opportunity to achieve higher returns versus the underlying non-leveraged fund. Additionally, the amount a person can possibly lose is limited to what they can put in which is the exact same as a non-leveraged ETF.
It benefits the experienced and disciplined investor who have spent considerable time researching and hoping to get ahead in their future.