That is a very bad idea!

I must begin by saying that to restrict the rights I have to do with my earned money as I see fit, under which the law allows, is inconceivable, immoral and wrong. There are only a few major needs that humans require for life and money is one of them. Financial security is another. To restrict me or any other retail investor, or uneducated person as the very idea of restricting my right to invest suggests, denies me multiple avenues to secure financial integrity and freedom as well as forcing me to rely on someone else in making certain financial decisions for me.

I have been investing for 20+ years and I am retired and manage my own portfolio. I rarely use reverse or leveraged stocks but sometimes that is the only way I have to protect my portfolio. I understand the risks but I ALSO know the risks of not protecting not protecting it. I do not short stocks because that has unlimited risks also. Please leave the system alone so we retail investors can invest without interference.

I understand the risks associated with investing in leveraged funds and am more than comfortable incurring those risks. Having any kind of measures and restrictions placed on my ability to choose how I manage my money is contrary to the essence of free markets and personal freedom. I strongly believe that it's my risk, my reward, my choice, my responsibility.

So, if I am to understand; my right to invest in what I choose and want will be infringed. I earned my money legally. I am going to invest it in whatever vehicle I so choose.

Do not stump on my right. Thank you

Stop trying to regulate us investors. I used to be an investment advisor I understand the tremendous amount of regulations put upon us

I oppose any restrictions to my rights to invest I should have the right to make decisions to protect myself. You never had an interest before so sit on the sidelines and watch an let me win or lose at my own bequest. Go find some other industry to regulate lit term limits or something less useful.

Your additional ideas on regulations concern me. I worry that poorly fishing for sharks you are going to catch a dolphin in your net, if you can follow an analogy. Leave ETFs out of this. There are no problems with trading ETFs like QQQ, SPY, DIA, TQQQ, & SQQQ that need to come under additional new regulations. If you catch my dolphin I'll never forgive you.

It poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected

I support the notion that investors should take the risks on their own investment. Any restrictions like passing test shouldn't be imposed. I am using leveraged and inverse funds (ETFs) to hedge my risks in short-term basis while mostly I have invested in the long-term basis.