I was a financial advisor for 35 years (brokercheck.org).

The damage you have already done to the industry is the reason why so many individual investors have lost so much money during the current bear market and will lose so much more before it ends.

Your regulations have basically forced advisors to place clients into 60/40 plain vanilla portfolios that are being decimated by rising interest rates instead of using investments that hedge with options.

The job of government is not to take away voters' rights to make their own financial decisions. Regulations like this always have unintended consequences. Let people win or lose based on their own risk and reward philosophies and willingness to do the homework.

I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST

I'm appalled to hear that regulators want to restrict access to these investment products. Why is it that all of a sudden they are considered with complexity and investor protection when they weren't before. Do they fear that there isn't enough liquidity in the market to support the potential valuation of these products as the stock market continues to be volatile and trend downward? Where was this concern when there was more market stability and the market was trending upwards? It goes to show that they love to change the rules when the rules reward the retail investor.

I am a retail a user of leveraged ETF products. I do not support or want any additional government interference in my investing. Free markets means it's MY problem to understand what I invest in, NOT the governments problem to insert itself into in order to restrict my choices. Leave it as is.

I oppose this ruling on who can invest

Estute Regulators,

Existing controls for access and use of higher performance/risk instruments are designed to and do adequately protect the investor.

Through the brokerage/firm, the investor is required to review and agree to very clearly stated statements as to the risk that leveraged (or otherwise higher risk) instruments carry. Responsibility for the outome of poor investment decisions lies squarely with the individual who seeks to gamble with such investments.

Regulators should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.

I oppose any restrictions that will block my right to invest in public investments. I believe I am capable of making financial decisions that are right for me. If I feel I need additional advice to support my decisions, I will not hesitate to seek that advice.

We definitely know the risk of leveraged and inverse ETF!

We should be able to freely choose whatever products that fit our trading strategies.