Subject: File No. S7-24-15
From: Robert Rosenbaum

March 13, 2020

I have been using ProShares funds, both leveraged and inverse funds, profitably for several years now. Recently I have used these funds to hedge against the market and to reduce the risk of a falling market. It has worked well for me. I have been making my own investment decisions for well over two decades. I invest my own money my profits and losses are my own.

If the government is looking for an area that needs more government regulation, I would suggest looking at the banks. Begin by resurrecting Glass-Steagall. Continue by reducing the massive leverage that banks use with our money deposited into their accounts. Break up the largest banks with antitrust regulation. There should be no banks "too big to fail". Thank you.