If there are a group of people interested in purchasing inverse and leveraged ETFs would you think to take that ability away.

I invested in BITO on October 21, 2021 in my Roth IRA. Since that time this investment has lost over 43% of it's value. I don't feel investments like this are appropriate for most individuals and am in favor of more stringent regulation.

I think that regulating investing in leveraged and inverse funds is over protection of investors. The brokerage house already has warnings that I had to read before I could invest in them.

My investments and investment strategy are mine alone to manage.

In the unlikely case your Notice 22-08 becomes law in the future, it should not apply to traders who have bought and sold L&I funds before, regardless of how long. All the funds have clearly explained in black and white, what the risks are and who they are good for. I am 100% against disqualifying or restricting access any trader from buying them if they acknowledge having read the disclosures or dealt with them in the past already. Thank you.

Comments:Just another attempt by the regulators to protect their buddies on wall street. We see that every time there is a market crash on the horizon.

This is an insane idea to add more regulation to Leverage ETFs. From a practical perspective, think of how much higher risk there is involved investing in a single stock like Tesla, Netflix, Nvidia vs. a leveraged ETF like SSO or UPRO that is allocated over hundreds of stocks. Would you ever consider limiting how much of a single stock an individual can own? Of course not, yet that is a far riskier pursuit than owning a portion of you money in leveraged ETFs. Do not pursue regulations that limit the freedoms of how an individual investor chooses to allocate their risk.

This is market manipulation and can't be allowed. we will use whatever available vehicle to sue and fight the battle for passing such a rationless decision

Comments:I am a long time investor and have used various brokerage houses for my stock portfolio. I have traded both leveraged and inverse ETFs. It has been my experience that major brokerage houses have advised me of the caution that should be taken in trading these Funds. In addition Direxion has excellent tutorials on the use of these Funds. The use of these Funds is no different than the use of margin. Brokerage houses limit the use of both based upon the rules that they have in place and the knowledge level of each customer.

I should be able to buy whatever I want. Freedom to fail.