It's my business what I invest in. It's up to me to make that choice, for whatever reason I want. It's none of your business what I invest in or what I do w/my money. I shouldn't have to go through a special process like passing a test or reading anything. If you want to apply those rules, why not apply it to yourself. Let's make it that you can't vote on a bill you personally, not some aide, hasn't read. And you can't vote on it unless you've passed a test. For that matter, let's make it that you can't hold office unless you've passed a test and proven you're capable.

Comments: The leveraged and inverse ETF products offered by Direxion and certain other institutions include complete descriptions of the risks associated with these types of investments and frequent warnings regarding risk in the product descriptions. Direxion even offers comprehensive explanations and educational materials with detailed product information. It is very clear in the fund descriptions that these types of funds are NOT to be considered long term investments and should be managed daily.

I am perfectly capable of deciding which investments I choose without some authoritarian nanny state interfering "for my own good" ! Another elitist attempt for control.

I consulted with three brokers who all told me I did not have enough money for them to manage, because fees would offset any gains. So, I am learning to do this myself. Why would you consider only allowing the wealthy to get wealthier?

Please let the little guys continue to use these specialized funds to hedge our other investments! They are an economical way to hedge.

To be forced to use a Wall Street Banker would be too expensive in fees and it's very doubtful that a small investor would get a fairly priced bid/ask spread from the Wall Street Behemoth.

No one has the right to control what I do with my investments.

My choice of investment risk is my choice only

I do not feel the need to be tested on my option and ability to purchase investments- especially those publicly traded.

This is not what America is all about trying to control our choice of how we invest. Seriously!?!

Adding additional rules and regulations to the market place is counter productive and not in the best interests of the trading public. As a long term investor in the US market place (50+ years) the caveats posted with any investment are the responsibility of the investor to read and make note of. To make it more difficult for a self directed investor to participate in all types of available investments in an expedited fashion will in fact stifle the market and restrict potential growth.