Subject: File No. S7-24-15
From: ROBERT SIU

May 8, 2020

Dear Sir or Madam,

I have been using 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. Allowing us to buy these, provide an alternative to buying call options that I find even riskier, and that are widely available as well.

Thank you very much.