Subject: File No. S7-24-15

March 10, 2020

I feel that the use of leveraged funds actually helps me better manage risk and get a higher overall return. For example, I only need to invest 33% of my assets in a leveraged fund to get the same return as 100% in an unleveraged fund. I can then invest the remaining 67% of my assets in treasuries or bonds and get a higher overall return on my portfolio. In addition, I am fundamentally against regulations that limit my investing options.