Comments: I am so angry that I am beside myself! So let me get this straight. My Federal Government over stimulated the US Economy to buy votes with poor folks and is determined to double down with "Build Back Better" but they do not want me to say NO! or sell SHORT! In that they are wrong, and I could make a lot of money on their stupidity. Credentials: 1. Florida State University Graduate - 3.5 Avg 2. US Infantry Officer Vietnam 1968-69. Decorated. 3. Work history: Bristol Myers, Ligget & Myers, Plus Independent business OWNER for 20 plus years 4.

Comments:
I truly believe there is a place in ones portfolio for leveraged and inverse funds. In fact, if used correctly, the can minimize the risk in a portfolio. I've used inverse funds as a short term hedge during the Covid crash of 2021 and during the recent market correction. By investing 10-20% of my portfolio in these inverse funds, I was able to reduce volatility and manage risk.

Comments: This is thievery. In a free market, everyone should be able to make and lose money however they want. I oppose any restrictions to what retail investors can do. Restrictions should in fact be lowered so that "accredited" investors do not exist at all. Ways to make money should not be artificially restricted behind already having money.

This is ridiculous, there are already disclosures and warnings most, if not all, brokerages make available to customers prior to accepting leveraged trades. Quit wasting tax payer dollars on this type of garbage. If anything, have investors take a free online education course on leveraged funds. Your [REDACTED] proposal discriminates against the poor and has no consideration for their financial knowledge. If we are poor, do we not have less to lose? Go back to regulating penny stocks and actually financial crimes.

My risks is my business!

Hello, I believe the proposed regulations would greatly and unnecessarily restrict investors, all investors, from exercising their right to freely participate in funds, inverse funds, etc.

Please do not restrict the access to these funds.
I have used these type of funds for many years... they have had there ups and downs but that's part of investing.

If this becomes regulation, investors should be allowed a period of time to become in compliance before the regulation takes effect. Currently, leveraged etfs have been hit hard from the market correction. If investors are not given time to exit their position, they will be forced to sell shares at a loss. This is bad timing for this change to be implemented, and it should not take effect immediately if passed.

Sirs,
It is not clear what regulations you plan that would limit leveraged/inverse EFT and similar inventments. However, I would like to strongly suggest that anyone with several years experience in stocks/options be allowed to trade them unless their account is in the "savings" category v.s. "investment" category. Restricting experienced individual investors simply puts too much power in the hands of professionals and manupilators.

It just seems that regulators only want hedge funds to make any real money.