Subject: File No. S7-24-15
From: Roger Venable

March 12, 2020

I am able to evaluate the risks to me and the benefits to me of ETF's that are "inverse", and also of ETF's that are leveraged. I am not able to accept the notion that the SEC knows more about these risks and benefits to me than I know myself.
I use both of these types of ETF's for purposes that are important to my investment strategies, and thus are important to my future.
I would be disappointed were the SEC to limit my investment choices concerning such ETF's.