I oppose the proposed regulation of leveraged and other complex products. This framework is not clear nor workable. What makes one fund complex while others are not? Why impose an arbitrary standard when arguably the majority of the public investing in index funds does not thoroughly understand what an index fund is or how it actually operates?

While you may disguise removing the right to trade leverage and inverse funds as a way to help the retail investor, we both know thats not the truth. The average person does not have the resources to qualify under the proposed restrictions to trade these securities. Look out for the people, not the elite.

I do not believe I should be restricted from buying leveraged funds. In my opinion if you were going to have exposure to the market in the form of an index fund or ETF why would you not be leveraged. Long term you can make 2 to 3 times the amount of money on your investment portfolio for retirement. For example my brother in law owns QQQ and in my opinion it is foolish not to own TQQQ. Over the last 5 years or 10 years the returns are astronomically higher with the triple leverage. I understand it doesnt give an exact 3x but it is much more than 1x.

Please let me continue making investment what is right for me . I should not go through any test for making public investments . I been investing for more than ten years now and looking for enhanced returns . Please let me make decisions what js good for me for investing in public investments.

before my broker would allow me to trade leveraged ETF's, I had to take a class and sign a risk disclosure form. this is more than sufficient to let me know about the risks associated with these types of investments. I should have the choice of what type of investments I own, not a government bureaucrat.

I agree that I should be able to choose the public investments that are right for me and my family.

Comments:Please do not in any manner limit the use of leveraged and inverse ETFs. I utilize these investment vehicles along with mutual funds and individual stocks.
More choices for consumers, never less.

Feesung Steven Pang

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.

Regulators,
I utilize proshares solutions to help my own accounts, my family's accounts, and my clients accounts. It allows for cheaper ways to help hedge to take advantage of markets and I am well aware of the dangers since proshares prospectuses are so good! This is not a segment of the market we should be going after. Leveraged and inverse funds have provided us solutions to HELP people and make a difference in their lives. Me and my team and all my hundreds of clients urge you not to regulate, impede or restrict the use of these solutions

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.