Subject: File No. S7-24-15
From: Thomas Sanditen

April 7, 2020

After the 2008 housing crisis, no big bank CEOs went to prison. And now you want to regulate mutual funds available to us in our 401K. A 1.5x fund isn't a swap. It's backed by securities. Eliminating our opportunity to invest in them now would be just like the government. Screw us over some more when have the opportunity to make substantial gains after the COVID-19 pandemic is over. Thank you. Sincerely, Thomas