This SEC proposed rule is wholly unnecessary, it does nothing but restrict retail traders with lower net worths from making the same fair trades as those with higher net worths. A rule that seeks to restrict access to investment vehicles using net worth is in fact not a rule. It is a barrier, not unlike a fee, that the middle class must struggle to obtain before theyre allowed to engage by the regulators and brokers.

These are funds of people who worked years in crypto. The diagnosis of the US [GOVx] is you are corrupt. You will never be trusted by the people and you will lose this spiritual war. Cold storage lock and I ate the seeds so good luck. My ledgers you will never find and my funds are all in an irrevocable trust. Your welcome from a fully activated reincarnated starseed.

As an American I earn my money and am educated enough to make my own investments. Why should someone who is rich already be allowed to make investments while I can't? You claim it's because they're financially savvy, but I disagree. How many millionaires have gone through bankruptcy and how many are very uneducated? The answer is a lot. If I want to risk my hard earned money on an investment I should be allowed to.

Leveraged ETFs allow me to take a little more risk being offered by market returns. This is an important tool to allow me to earn a slightly higher return in a low risk manner (because I am buying the market) vs buying individual stocks.

I think every investor has right to trade ETFS.

I believe I should be able to invest in what I choose

My personal investment strategy incorporates leveraged ETFs to better and more effectively hedge and grow capital in my personal accounts. These products are more cost effective and liquid than using otc & listed options or other margin-like products and facilities. Do not ban or limit their use by individual investors!

Dear sirs:
Please do not increase restrictions upon investors unnecessarily.

Please don't implement new regulations that attempt to protect stupid people from themselves. Leveraged and inverse products have been incredibly useful to me to hit my investment goals.

I believe that leveraged ETFs have their place. They allow a smaller dollar amount of capital to be at risk for roughly the same potential returns. They certainly are not for everybody and one should be made very aware of the risks, tracking errors, and internal costs. It should be stressed to the public about the pros and the cons of their usage and the importance of position sizing if allowed to be used.