This is unfair for ppl who can long term invest for fair priced etfs which is composite of high priced stocks , so dont be selective in who can invest and let middle class income ppl also make a money by investing

Leveraged etfs are one of the few financial products that offer daily compounding.

It is the sole responsibility of the investor to choose securities that meets their assessed risk tolerance. It is the responsibility of the securities and brokerages to accurately publish the risks and potentials for their products. Thus, adding regulations beyond these fundamental purposes skew the landscape to play favoritism and hurt the market. Demanding a test or license or education minimum or net worth minimum will make these products effectively unusable to the public, and thus create a systemic marginalization of minority groups.

Please don't make changes to lebereged ETFs. Despite being lebereged with volatility decay, they are easier to understand than options and I believe less gambling than options. They also generally invest in indexes, which are overall more diversified and safer.

I have been investing and hedging in leveraged and investment funds for years. I do not want a regulator to tell me what I should be doing with my assets.

I oppose any limitations on my investments because it is an investors right to freely access the entirety of the public securities markets without arbitrary restrictions. I want to maintain the freedom to access a broad range of investment products that help me build better portfolios. It is I who have the right to decide which public equities, bonds and funds I want to buy, not the regulators. Furthermore, I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged funds.

I as an individual investor should be able to choose the investments that are right for me and my family, not just for the "high net-worth" accredited one-percenters. I should have to go through a process of passing a test before I can invest in public securities unless the government is willing to train individual investors like me and administer the test free of charge.

I spend many hours reading prospectuses and researching the funds that I invest in. I am aware of the potential pitfalls that exist for leveraged and inverse funds. I shouldn't be asked to prove that to a regulator any more than any other investment choice I make.

I have a finance degree and have been investing since college. I invest in stocks, mutual funds, options, and leveraged and inverse funds. I'm quite aware of the risks involved from my 25 years of investing experience. Putting restrictions and forcing investors like myself to take tests doesn't help me. What I choose to invest in should be my choice, not the government.

Your fear of people losing money has the potential to cause real losses for me. Its ridiculous that my graduate degrees or years trading may mean nothing to my ability to trade.