Please stop imposing unwanted and unnecessary rules on us. Please allow us to buy what we want rather than what you decide

I traded stocks from years 2000 through 2019 with little success. In mid 2019, I developed a strategy using leveraged funds, particularly UPRO, which tracks the S&P 500, that I am very comfortable and successful with. It worked during the pullback in March 2020 and during the following bull market through December 2021, and it continues to work during these turbulent times. PLEASE do not take away my right to trade shares of the leveraged fund UPRO or you will put me back to square one.

I do not want this to happen

I have frequently used these instruments over the last five years as hedging mechanisms - They have proved to be useful in lowering risks associated with trading activities - Please keep these investment tools available to the public at large

leverage funds have saved me from large losses several times...Do not limit access to these funds and cripple investors like me. In a free market why do this??

I consider these proposed rules to be yet another abridgment of a citizen's right to do with his money what he chooses. I have half a century of experience in investing in stocks and bonds of all varieties. I learned how to do it the hard way, not by taking a test, but by self-study and experimenting with various instruments. I administered 2 employee pension plans as well as my own retirement funds, and retirement funds for my spouse and children. I have had some losses of course, but no net losses over any significant length of time.

What should be enforced is proper disclosure. All investors should have access to investment vehicles that are in the markets. Too often regulatory bodies assume the public is too stupid to make rational decisions. It seems whenever regulatory bodies make rules to "protect the little guy" its really about taking away opportunity and freedom.

I am strongly opposed to the proposed regulations on leveraged and inverse funds. Limiting investments like this based on net worth is discriminatory (probably racially discriminatory, whether that is intended or not) and will only further stratify wealth in America at a time when this is already a significant problem. Leveraged and inverse funds are an important part of my investment strategy. They are a small part of my overall portfolio, and I already understand their inherent risks without tests or other restrictions being imposed on me.

please do not limit my ability to protect my portfolio. I oppose limitations on my investments.

Any regulation impeding the right of private investors to invest their own money as they see fit violates the freedom of commerce and freedom of association long understood as logical extensions of the Bill of Rights' 1st amendment protections of free speech, petition and assembly, and has no place under American constitutional law.