To whom it may concern, All leveraged funds have a prospectus that is clear and easy to understand. So products like TQQQ are behaving exactly as expected. No additional regulation is needed at this time.

Please discontinue threats to our free market choice to invest in inverse leveraged options.

I highly value the ability to invest in levered and complex products. They are an important component of my self-directed portfolio. They allow me to access investment strategies that would be too difficult or impossible to replicate on my own. I use them primarily as a hedging/risk reduction tool. I believe strongly that preventing by regulation the ability of individual investors to invest in these products would be wrong and misguided. Education is key, not unfair regulation.

The definition of complex products is ambiguous and broad that makes it arbitrary and unworkable, thus possibly leading to unfair or discriminatory treatment of investors.

It unnecessarily restricts investors to choose products that they believe will lead to their desired financial independence and security.

Do not change

I am writing you all to voice my opinion on leveraged ETFs. Ive utilized thrse vehicles for many years and can personally state their viability. They have allowed me to take advantage of market movements during extreme volatility better than most options. I strongly believe they should remain an open option.

Im an investor who is quite capable of making my own investment decisions. If you wish to regulate investments try imposing restrictions on politicians who game the system and get rich with inside information!

I oppose restrictions to my right of investment in the stock market.
1. As an experienced investor of 25 years, I have adequate knowledge of investing in public securities, including leveraged and inverse funds. No special test should be imposed on me before I can do business in stock investments.
2. I am able to choose which public investments that are suitable for me and my family. I have the freedom and right to do business in stock investment, just like all the other famous investors, e.g. Warren Buffett.

Writing this to let you know that I oppose the restrictions being considered to leveraged and inverse funds.

I like having these funds available to help with risk mitigation of my stock portfolio and to take measured exposure to offset growing inflation costs.

I am familiar with the inherent risks of using these funds and don't want to be forced to take a test to continue to use them or to have them eliminated to small investors like myself.

Thanks for considering my opinion.

Please do NOT disrupt the market at this time. The market can not take another hit through unnecessary regulatory actions.

Thank you

Yuju Su