Subject: File No. S7-24-15
From: Pablo Infantes

March 10, 2020

I only bought inverse etf to hold them. I have no intention to be a day trader with those inverse etf. I bought them cheap to sell them when they are expensive in future, not with the intention to be a day trader. So please, I appreciate if the SEC let those investors to continue with an inverse etf only when hold them. Thanks.

Pablo Hurtado de Mendoza