I oppose restrictions on the public's ability to invest in complex products for numerous reasons.
1. The definition of a complex investment is vague, arbitrary, and subject to administrative change in the future. This can cause a new risk for investors who may hold these products now but may be restricted from them in the future, forcing them to sell the products.

Free access to investment opportunities is vital to American rights!

Greetings, Without the ability to trade leveraged/geared funds many main street investors will fall short of a viable savings to retire securely. Given the shortcomings of our elected officials to address fair and equitable Social Security reform it is up to us and the current wide range of investment options to secure our own future.

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.

I shouldn't have to go through any special process like passing a test before I can invest in public securities.
I am capable of understanding my investments and their risks. I do not need these measures imposed on me

Leveraged and Invers ETFs are an important part of my investment strategy. I agree that they are sophisticated investments, but I am a sophisticated investor and want to be able to buy these investments.

Please do not restrict or limit our ability to invest in leveraged and inverse funds and dozens of other popular
investments deemed to be complex. No testing or other special process should be required as well. Public investments should be available to the public.
Respectfully
T. Hess

I have been investing in stocks since 2015. I've been picking and choosing my own investments without help from any financial professional. In 2020 I had an account with TD Ameritrade and an account with Acorns doing ETFs. The stocks I picked with TD Ameritrade at my own discretion outperformed my ETF account picked by acorns.

Hello, My name is William Rivard I use a couple of these instruments and they are very important to me. I don't wish for them to be changed. Thank you

Regulators should not restrict my ability to invest in public securities, including leveraged or inverse funds. These types of investments are a valuable addition to my portfolio and provide additional diversification. For example, I have acquired leveraged inverse funds a few months ago (since the downturn of the stock market), in order to protect the upside of previous investments and offset the losses with the gains of the leverages inverse funds. This has helped my portfolio to remain constant, even though the broader market has decreased substantially.

I am an active and use leveraged funds on occasion. My broker warns me every time I invest in one but I do not want to be restricted from investing in the .