Just wrong

Hello,
I bought leveraged funds over twenty years ago and held them. They have beared themselves out to have been of tremendous benefit to my portfolio.
Where index investing has proven to be a sound wealth building strategy, leveraged index investing has proven to be an even greater longterm wealth building technique.
Please do not prohibit the continuation of this sound discipline.

I believe that these new regulations will help people. Many people don't understand anything about investing, and might put all of their money in one single stock, and lose it all.

Many people are not capable of understanding investment risks. I do not believe that "my rights will be taken away" if these regulations are made law. That is silly.

This would be a travesty to the integrity and impartiality of all markets.

This is anti-consumer and not ethical.

MAKE IT EASIER TO TRADE PRODUCTS NOT HARDER.

There should not be restrictions on what an individual should be permitted to invest in. There should be consumer protections of course but there should be no complex barriers to investing.

To Whom It May Concern:

I manage a number of family investment portfolios. I am a CPA, Attorney and Computer Scientist. I have been investing in stocks and bonds for approximately 56 years.

I prefer leveraged inverse funds (LIFs) to Stock Options to hedge short-term market volatility.

Please restrain from restricting the ability of average retail investors access a variety of funds. Let the investors make their own decisions at their own discretion!!!

Leveraged and inverse funds are a more cost effective way to implement certain strategies in my portfolio. Without these funds, myself and other investors would have to move to other products such as using margin with my broker or put and call options to achieve the same effect. Please do not reduce my ability to invest or the amount of options I have in investment products.

I should be the sole decision maker on my personal investments. I do not need my qualifications judged by regulators.

Peter St. John, Ph.D.

Since this is a free country (USA) we should be able to make our own choices for investments. I do not need someone to test me to see if I am capable of understanding these risks. In fact I have purchased some of these and have been restricted from further purchases when I have tried to average down thereby locking in bigger losses rather than turning them into profits. They will go up and why should I not be able to take advantage of that when it happens.