Subject: File No. S7-24-15
From: John Prendergast

February 24, 2020

I believe the proposed rule is unnecessary, unduly burdensome, and will prevent investors from accessing valuable products that have a legitimate place in ordinary investors' profiles.

An ordinary retail investor, I am capable of understanding leveraged ETFs' risks and benefits, and It is unnecessary to implement a screening/evaluation process before one can purchase them.