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

February 21, 2020

Leveraged and inverse leveraged ETFs are the most efficient and most useful financial vehicle I have used in over 40 years of trading and investing. The leveraged risk/reward is not that difficult to understand. I do not need the SEC to assist me in making my buy/sell decisions by limiting the access or use of these ETFs.