I oppose limitations imposed by this change. Leveraged and inverse funds should be available freely as publicly traded instruments. They form an important part of my investment and existing disclosures are sufficient for me to understand risks associated with these instruments. The imposed restrictions will significantly impact liquidity associated with the trades.
These securities should be left as publicly traded like they are now.

Taking away our right to invest is one of the dumbest things you can do, it shows that you are just trying to keep the poor, poor.

Leveraged ETF/ETNs do pose risks most retail investors do not understand. However, retail investors that understand the risks should not be barred from utilizing these very useful assets. Broker-dealers should require due diligence in line with that of margin approval and options approval. Specific arguments for this approach include:

1. An investor can lose 100% of their investment in a leveraged product, but options and margin can lead to more than a 100% loss.

Crypto needs to be in the hands of investors and not banks. Leave this alone and let our rights be heard.

I believe everyone should be able to invest their currency as they see fit.

Regulators,

I oppose restrictions to my right to invest in leveraged or inverse funds. These funds are important to my investment strategies and represent a very limited part of my overall financial portfolio. These funds help me hedge my investments.

Public investments should be available to all of the public, not just a select few. I am capable of understanding leveraged and inverse funds and their associated risks and should not have to take a test or special process in order to do so.

I strongly oppose restrictions to my right to Invest in ETF like BITO.

I object to government regulators deciding what I can and cannot do with my investable funds. I receive a prospectus when I buy products that require them, and the burden is on me to make an informed decision. I do not want to have to take any special courses or pass any tests or explain my reasoning to someone outside my family. I have an investment advisor with whom I can discuss whether something is appropriate for me, and that, along with my intelligence and American citizenship should be enough.

Please think about this: the proper place of government regulation of investing is to make markets honest....to prevent one party from cheating or stealing from another. So for example, you could enforce honest prospectus language. Another appropriate regulation would be to ensure an equal playing ground for all investors. Regulations could support every investor's access to these funds and not just an elite group. Guess what - all investing is risky. All of it. Even the investments considered "safe", such as money market funds or treasuries, have risks (erosion by inflation).

I invest in leveraged etfs all the time and I'm fully aware of the risk involved it would be an injustice to remove my ability to use this investment vehicle thank-you