Once again, I have been Informed by ProShares that further restrictions are being considered on leveraged and inverse exchange traded funds. As I stated previously, these are among the best vehicles available in the market. I have made my living as an individual investor since February 1980. As I also stated, I have now used these vehicles for more than a decade and they have been consistently profitable in total. They are even more valuable in the current environment when there few opportunities to hedge current holdings or to seek profits.

I should be able to choose the public investments that I consider are right for me and my family. Public investments should be available to all of the public, not just the privileged. Gatekeeping such instruments only create more wealth gaps and harms me and my family.

I want to be free to buy and sell as I please. It is my money and I do not want any restrictions in using it.

The right to invest is critical in this time of unprecedented inflation.

I am writing to express strong opposition to new rules that would further restrict investment of leveraged and inverse funds.

I have used these funds simply to protect my existing investments in the stock market. I know financial advisors who also do so. Already there are checks and balances in place in Ameritrade for trading these funds.

No further restrictions should be added.

The rule would unfair, the products provided make known their risk and reward. Relatively with other exchanges 3x is smaller compared to the British with 5x leveraged and with the Koreans up to 10x leveraged.

Leveraged and inverse funds are important for my investment strategy. I understand the risk associated with them. These investments are a limited part of my portfolio. I also use them to hedge my investments and to seek enhanced returns.

It's my money to lose. If I make a mistake and lose everything, too bad for me, I'll just retire later. My loss is somebody else's gain. This change doesn't benefit anybody except by granting financial service providers a monopoly on access.

I am not opposed to additional disclosures. However onerous requirements on net worth or certifications will only keep the poorest among us distant from complex financial tool and lead to increase the disparity between rich and poor. Given the long term results of one of the most popular leveraged etf,TQQQ, this really seems like a ploy that helps the wealthy by limiting the upward mobility of the poor. Wealth does not determine education, intelligence, or understanding of market dynamics.

Regulators, I oppose restrictions on my right to choose and invest in public investments. I do not need, or want, new rules concocted to determine what my investment options are, or, how, and when I am "allowed" to invest my own funds in public investments.