Subject: File No. S7-24-15
From: Matt Tillo

April 17, 2020

As a retail investor I want to make sure my ability to purchase leveraged and inverse funds without undue burden is not taken away. Current brokerages already put extra barriers in place to make sure investors understand the risk they are taking on. Frankly, other investments, like short selling, are way riskier because unlike with ETFs, leveraged or otherwise, you can loose more money than you initially invested. This isn't true for any type of Fund or ETF so there is no reason to add an extra layer of regulation to these funds.