Subject: File No. S7-24-15
From: Franco DeAngelis

May 11, 2020

There are thousands of us investors that directly manage our own assests. Leveraged ETF's provide enhanced return and critical protection options not available otherwise. By making it difficult for the small trader to use them, the government is once again hurting the small players (in the name of protecting us) and helping the big ones that need it the least. The ETF's make the risks clear and yes most of us can actually read The ETF process is not broken, please do not "fix" it and focus your energies on all the other things that need fixing like high frequency trading