Subject: File No. S7-24-15
From: Sangho Lee

May 4, 2020

Dear Sir or Madam,
I have been using ProShares Leveraged/Inverse Investment Vehicles for over a decade. They are no different from an individual company stock with beta 2 in fact, they are less riskier because they are pegged to indices because of a higher margin requirement, they also offer some safety cushion. Please, continue to allow investors to educate themselves about these funds and to make informed investment decisions for themselves.
Thank you very much.