Subject: File No. S7-24-15
From: Jeffrey Carney

March 22, 2020

I have been an experienced trader since 1987. The use of Profunds mutual funds has been invaluable to me. Through there funds, I have been able to hedge the positions I have in other investments. The inverse leveraged funds have been particularly valuable to me. I urge you NOT to restrict the use of leveraged and inverse funds for an individual investor. To do so would put me at a distinct disadvantage in the financial markets, and hinder my ability to protect my other investments. Profunds is unique in offering these kinds of funds. Thank you for your consideration.