Id prefer investors like myself retain the option to invest more ways rather than less. Curtailing investment options is a slippery slopewhere does it end? Today its levered funds, tomorrow its something else deemed exotic.
Dont take this path.

It comes as no surprise the regulators seek to take away wealth protection tools at the moment of reckoning on their self-serving, malinvestment encouraging policies coming to roost. Nobody went to jail in 2008. Nobody will go to jail in 2022. It's tragic what they have done to this country, and for the life of me I cannot understand why they are doing it.

To whom it may concern:
Please do not limit my access to these types of investments. I have been using them for several years and find them useful.

Investing in Proshares is easier and less riskier than individual stocks that are easily manipulated by Wall Street algorithms. In case regulators seriously want to protect investors, then abolish shorting activity from stocks and market so this casino activity triggered by Wall Street can be stopped.

There is no need for any additional regulation on these funds. The risk is spelled out on the prospectus. These products give the average investor the ability to trade the indexes, either long or short, in a reasonably priced fund, as opposed to trading the DIA at 338.00 per share. Level the playing field, not the other way around.

Please be advised that I own BITO and I also buy and sell the options on BITO. These investments are part of my overall trading and investing stratagy.
Each investor is capable to determine if they understand the risks. Placing restrictions on the purchase will cause significant losees because as less people are permitted to invest in these assets, the price will be more volitile and the bid/ask spead will increase to buy or sell the asset.
The SEC should not regulate these transactions.

I should be able to choose my own investments no9t the GOVBERNMENT. Do something useful, for a change. Thank you.

I have a regular investment program that is long the market during part of every month and short during another part. It's been working fine for years. Being able to be in a short mutual fund or ETF does not "pick on" any particular stock. It just is a way to hedge other investments in case the market goes down. It is a more conservative way to invest that just being long the market all the time.

I have more than 40 years experiments and knowledge in the stock market investment. I am not a regulator and have the right to choose any public investment. Leveraged and inverse funds are my important investment strategies. I do understand their volatility and risks. I did not always invest the leveraged and inverse funds and I also invest some defensive ETF. I appreciate your no restriction on my investment. Thank you very much.

It is my money, and I should be able to invest it how I please.Your policies will only hurt people trying to improve their lives.