Subject: File No. S7-24-15
From: David Ranallo

February 20, 2020


Stop taking away choices from me. If your organization knew anything or actually prevented anything "bad" from happening, then we wouldn't have had Madoff or the 2008 bailouts...much less all the chicanery that's happening now in the repo markets, bonds, etc.

Please don't mess with my leveraged and inverse funds. I fully understand the risk and performance characteristics.