Do not interfere with DIREXION Funds. They provide an invaluable service for market choice.

After over 40 years of equity trading, I , as other investors, are careful to invest within our own comfort zone and abilities. It is easy to see and understand the possible consequences of leveraged ETF's as well as other funds. I feel the individual is capable of determining what instruments are appropriate for each individual. I feel regulation beyond providing information is unnecessary and restrictions of any kind need to be scrutinized to determine with whom they should be applied, if anyone.

I strongly oppose the proposed regulation limiting investment afforded ordinary investors. The proposed regulation would severely inhibit my ability to hedge and thereby protect my life's savings against adverse economic events. Events that in recent history have become common place. Further, with it becoming blatantly obvious that significant inflation is very much upon us, being able to stay ahead increases in the cost of living via leveraged ETF's (for oil and food based commodities for example) is imperative. This regulation must not be approved and go into effect!

This is dumb, maybe instead we should just educate people on leveraged funds more

Where are our freedom of choice? Are we following the trails of the Russians or other communist countries? You dont stop me from trading TQQQ after it falls down. How can I ride it up? Why do you discriminate against the public in favor of the wealthy? We are all equal. I am an adult and am responsible for my personal choices I make in my lifetime.

I, and only I, should be the one that chooses the proper investments for myself. Not regulators. You do not know what is best for me.

Do not take away my ability to make my own educated decisions about what I can and don't wish to invest in.

We should have a free choice to invest inside a regulated universe. A basket of leveraged fund is not different than a stock with high beta as both could react to volatile market conditions. Oftentimes, it is better due to some diversification benefits which is not available on a stock , which are spurred by speculative positions. Inverse leverage funds offer cheaper alternative than options to hedge or take directional bet.

I should be allowed to choose where I want to put my own money and when, I am of sound mind and have the ability to asses risk on my own.

As a professional advisor, I understand all the risks to my investments and therefore do not need regulation on what I can or cannot invest in. Individuals have different risk tolerances, and as such should have the freedom to match it.