Subject: File No. S7-24-15
From: paul stephenson

March 19, 2020

Hello, I am retired and have been trading stocks, etfs, and mutual funds, for around 25 years. I have traded the leveraged 3x funds for 3-4 years. I understand the potencial problems with these funds and have experienced the wild swings they can take. I have traded soxl, tecl, tqqq, and couple of others. I own all 3 right now and would like to continue trading them. Thank you Paul Stephenson