Please do not restrict everyday investors from investing in so-called "complex" instruments.

Good evening,

Being able to invest in the products of my choice is extremely important to me and my family. Without inverse ETF products I wouldn't be able to hedge against long positions in our retirement accounts. The only way to manage risk would be to sell down long positions further increasing risk of abrupt market sell offs. Thank you for trusting Americans as individuals to manage their future.

I'm a small investor and make about 40% to 50% of my capital gains using leveraged investments. I don't want that taken away from me and I don't need testing to see if I have the knowledge and ability to invest this way. I like being able to invest my way for me and family.

Investors should have the freedom to make informed decisions about their investment choices. There are those who of us who desire to use reasonable leverage without the burden of adopting complex and costly options hedging strategies. Leveraged ETFs accordingly provide significant value to us as ordinary retail investors. It is hard to imagine anyone who does even a modicum of due diligence (even a basic Google search) not finding a huge volume of information warning of the potential risks associated with leveraged products.

Public investments should be available to the public, not merely high net worth privileged. Inverse funds are an critical inflation hedge in my IRA and I dont want regulators telling me whats too risky for me, or that Im too dumb, or too poor. I make my own way in this life. Stay out of my way.

I oppose restrictions on our right to invest in public investments. We shouldn't have to go through any special process like passing a test before one can invest in public securities, like leveraged and inverse funds. We are capable of understanding leveraged and inverse funds and their risks. Leveraged and inverse funds are important to my investment strategies.

I have been invested for many years. I have the experience and risk tolerance in selecting ETF and mutual funds for my objectives.
Don't take this away from me and other investors.

Please support a free market.

I have been doing my own investing for over fifty years, and for much of that time was frustrated by the restrictions placed on my retirement savings, especially the inability to buy individual stocks rather than mutual funds. Having finally escaped those regulations after retirement I do not want to be told that I am not sophisticated enough to use mutual funds and etf's if they are 'complicated' or 'risk.' I use leveraged and inverse funds to avoid risk, be it inflation, higher interest rates, currency weakness, or stock market declines.

I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST ON LEVERAGED INVESTMENTS

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 you can invest in public securities, like leveraged and inverse funds.

I understand leveraged and inverse funds and their risks. I do not need these measures imposed on me.