Adding additional regulation in advisors and ETFs seems misguided and misplaced. Regulators should be focused on what is creating the real wealth destruction for individual investors which is options trading done by novice investors. By regulating ETFs in this manner it is placing a barrier to using an effective hedging tool that has been in existence long enough for advisors and BDs to know how to manage the risks associated.

Thank you for the opportunity to comment.

I am an informed investor. I have a plan in place to be able to maximize retirement moneys. I have used a leveraged fund for several years (TQQQ).

The nature of TQQQ is volatile. I clearly understand the volatile nature. I depend on the volatile nature of this fund as if gives best opportunity for growth.

Its fun to see how scared the other side seems when the tables are turned and they can no longer use fiat currencies as a weapon, but see how it could be turned against them. As with all things , it only takes time and pressure for things to break.

Go ahead and regulate whether I'm smart enough to invest my own money. Take away the inverse ETF's and leveraged funds, but please let me have access to insider trading like the rest of you crooked politicians. Or maybe just send the rest of us every day Americans to prison like you did to Martha Stewart. OR you can let legislation pass that allows us to take our social security withholding and privately invest it. Think we tried that in the early 2000's but you politicians that are smarter than us saved us from ourselves and didn't let that happen.

To Whom It May Concern:

I oppose adding undo burden on individual investors in relation to inverse and leveraged funds. Current disclosures are quite specific about the risks and intended timeframe of such investments -- almost forbiddingly so. As an individual investor, I have diverged from such guidance, but I feel sufficiently warned.

I oppose any restrictions being made against my option to invest my money how I deem fit.

I want to invest my money in what I feel the best place is for it. I dont want to barred as an individual from investments that a privileged few in the financial industry would still have access to.

Thank you

I support leveraged funds, long and short.

It's unreasonable to tell people they cannot invest as they wish.
Period!!

Equal access to products and services is central to a capitalist economy. Blocking investment vehicles to those on the inside furthers the perception that our financial system is rigged. Blocking a restriction access to these products will only encourage movement of funds offshore and possibly hiding them from regulators. For the sake of the industry and our nation, work to reduce regulations, not impose them.