Subject: File No. S7-24-15
From: Julie Smith

March 12, 2020


Dear SEC,
As a ProShares Shareholder, I strongly disagree with any attempt to restrict the public from buying ProShares exchange traded funds as there are important to us in management a market that has been unduly inflated by an out of control Federal Reserve and high frequency trading programs. Turn your focus on them sirs if you care to vindicate the world of wrongs. I believe in mean reversion and a nation of laws not men.

Leveraged and inverse funds allow investors to seek enhanced returns and/ or help us to protect our portfolios.
We are capable of understanding leveraged and inverse funds and their performance characteristics.
We do not wish to have a third party evaluating your capability to do so and potentially preventing you from buying them.
We would like to preserve the long-standing free public markets where investors and advisors have the freedom to buy public securities without additional government-imposed limitations on investor choice. AMEN.

Julie Smith and Michael Stotzer
Proshares owners via our Ameriprise Financial Accounts