LEVERAGED AND INVERSE INVESTMENTS SUCH AS SDS ANS TBT HAVE BEEN IMPORTANT TO MY PORTFOLIO. IT SHOULD BE UP TO ME WHAT IS GOOD FOR ME AND WHAT ISN'T. THIS PROPOSED REGULATION IS HARMING THE LITTLE GUY.

My name is YuMing To. I am writing to oppose limitations on my investments. I am a knowledgeable investor who actively manage my investment portfolio prudently. I assess risk carefully and do the investment based on my risk tolerance. I should have the freedom to choose the public investments that are right for me and my family in order to achieve long-term financial security. Leveraged and inverse funds (L & I funds) are very important to me as they allow me to protect my investments or seek enhanced returns.

I use this in a limited portion of my portfolio but it's still significant enough that any regulation done by FINRA will negatively affect my returns in the future. It will put me in an unrecoverable situation. There are strategies such as risk-parity allocation in order to achieve better risk-adjusted returns. For this reason alone, we should have access to these funds. We do not need more regulation for the retail investor and instead should be able to make our own decisions what we want to invest in.

If this needs to be regulated, please do. There too much fraud and fast cats getting rich preying on unknowing investors already. Do what you know is right.

I NEED leveraged and inverse funds

I not regulators should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
Leverage funds help me meet my financial goals.

I oppose restrictions on my rights to invest in public investments. As an investor, not regulators, I should be able to choose the public investments that are right for me. It is important to use the right strategy to protect my capitals and hedge. In addition, I assess and evaluate the risks of my investment choices, and I understand fully. So that I do not need these measures imposed on me. So please take my comments seriously and continue letting me to invest these type of investments of my choice. Thank You.

To whom it may concern,
Leveraged funds play an important role in my overall portfolio management program. I am fully aware of the volatility that these funds experience. I use this fluctuation to enhance my returns, although I rarely trade them. I usually just buy them and let time provide the returns.

I feel that investors are fully aware of their decisions and regulators should not question wisdom and/or knowledge of risk involved taken. Markets do have risks and should not be viewed as a casino. Real investors do know of risks involved.

As a small independent retail investor I find leveraged and inverse funds a valuable tool in hedging my investments. They enable me to ride out ups and downs of the market without having to sell, short, and/or rebuy securities in turbulent times. Such funds are an invaluable asset, and access to them should not be denied, or limited to high net worth, professionals.