I have utilized leveraged mutual and ETF funds in my IRA portfolio for over 12 years and I strongly believe that I have been successful in enhancing my rate of return during certain market cycles. Although I do have significant retirement assets, I would likely not be considered an accredited investor. I have been investing, primarily through mutual funds, since the early 1970s. My portfolios reflect both gains and losses at various times and I believe I know the risks involved in managing investments.

Unacceptable and un-American to attempt to limit the economic ability of the average citizen. This is a disgusting abuse of power and a selfish overreach of regulatory power.

I am fully capable of decision making and I should have the right and the freedom to choose my own investments leveraged, inverse, or non leveraged, or non inversed. Leveraged and inverse funds are important to my investment strategies. Public investment instruments should be available to everyone, not just the privileged few. I do not need testing measures imposed on me. There should be no testing required to gain the right and the freedom to choose certain investment instruments.

Please stop trying to regulate everything! I know what I'm doing with regard to leveraged funds. If I didn't and invested in them, I would deserve to lose any funds I risked. The adage a fool and his money CANNOT be "regulated away" - BECAUSE, and idiot will always be an idiot, you can't fix stupid, etc. BUT, when you do impose regulations, you screw people who don't have the time or interest to be bothered with your obsessive need to impose your "wisdom" on those of us who, demonstrably, know [REDACTED] of a lot more than you give us credit for.

I would like to ask that you not restrict investment in leveraged or inverse funds to a select few who meet certain standards.

The United States has opperated for a long time with a free market in which people are able to invest and engage in unrestricted legal activity that accrues to their own benefit or loss. Your goal as regulators should be to protect people from crime by others or from deception and fraud. You should not try to protect people from themselves by restricting how they invest.

I would request regulators to let people invest freely in inverse and leveraged funds. Leverage is important to amplify profits and it should be up to individual to make that choice. Maybe if you need to regulate we can ask brokerages to double confirm each time trade is placed

A democratic government should not second-guess the competency or plans of private citizens in their financial strategy. Are we going to be told how to dress and what we can eat next? Money is involved - people know they need to be careful. Any restriction will be government overreaching. We are not a totalitarian state - what other rights have become "negotiable"?

These restrictions should not be implemented. Free markets need to be maintaned for all.

I oppose restrictions to my right to invest. I should be able to choose the public investments that are right for me. I believe that it is an investors right to freely access the entirety of the public securities markets without the discriminatory restrictions being considered in these regulations.

Inverse funds are a great option to hedge against other family assets and liabilities. We utilized ProShares UltraShort 7-10 Year Treasury to hedge against rising interest rates for debt that needs to be refinanced in the near future. This was a well thought out and planned strategy, that has worked perfectly. Once the debt is refinanced we would look to liquidate the ProShares UltraShort 7-10 Year Treasury at that time.