I am against this proposed regulation as I believe it to be to epitome of social and economic discrimination against lower and middle class people. Please do not inact this regulation and please consider removing other regulations that are similar in nature such as those that restrict option trading.

Byron Dean

I understand the risk of investing in tqqq I don't need the government telling me "it's to dangerous" and "its to complex for you so where doing this to protect you" I'm perfectly capable of making my own investments and judging my risk tolerance I don't need the government telling that I can't invest in tqqq

Please keep leveraged and inverse funds since they are important to my investment strategies,

please let people decide if they choose these financial vehicles. Regulators should not decide where I can place my money. Leveraged funds are an important part of my risk management in my investments.

It is one thing to regulate the investments invested in, but another to restrict or prohibit the investments. Please dont hinder our free markets

No, please dont over regulate the leveraged ETF. Its an important part of my portfolio.

First of all, no one can prevent a fool from squandering his/her money. You may block a few ways, but he/she will find another way to lose it.
By restricting investments, you prevent people the opportunity to grow their wealth on their own and force them to go to mutual fund managers who charge exorbitant fees.
In taxable accounts, I can trade options that allow to make money in bull markets, bear markets and sideways markets.

Comments:
Leveraged and Inverse funds provide me with a unique capability to both hedge market risks and provide a balanced portfolio. As an individual investor, I understand the risks associated with these and other products.

The market is currently stacked against a small investor because the entry is regulated by experience and wealth (not behavior). For example, the day trade rule takes a small account investor and takes away trading flexibility that they get with a bigger account. Leveraged funds (properly used) help offset this.

I strongly oppose it. It's my decision to take the risk or not.

I am not in favor of increased regulation

I should not regulators should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.