I - not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. We shouldn't have to go through any special process like passing a test before we can invest in public securities, including cryptocurrency funds such as BITO. Explain that We are capable of understanding cryptocurrency funds such as BITO and their risks. We do not need these measures imposed on us.

This new rule will surely drive small broker dealers to leave. The regulatory burden has become too much. This new rule is impossible for the small broker dealers to manage as we don't have the resources. The regulations would harm investors by denying them access to a broad range of valuable investments that could help them achieve long-term financial goals.

I oppose the proposed restrictions to prevent me to buy leveraged and inverse funds.

No one has the Dr right to say what second osns

As long as it is regulated, it should be available. Investors dont have to invest, but those who should be allowed

While it is a worthy objective to protect prospective investors from difficult to perceive or understand risks of investments having greater than usual complexity, the history of regulations limiting certain investment categories to investors of higher net worth or sophistication has largely served to deny the broader population access to higher potential returns that the favored might enjoy. Liberalizations such as Regulation Crowdfunding have proved a great success at broadening access to opportunities. New regulations going in the other direction seem like an inadvisable move backwards.

I am using carefully designed plan with leveraged funds for retirement purpose. I demand the freedom of investment and opposite the restrictions to my right to invest.

To whom it may concern, The know your customer rule, regulation BI and and the pending IRA rollover rules are sufficient to regulate investment options, advice and documentation regarding investment options, recommendations and relationships between advisors and clients. Putting further restrictions and limitations on clients access to investment products will disproportionately and negatively impact smaller/average investors as compliance costs and time spent per transaction increase, these investors will have access to fewer advisor options.

I would still like to trade BITO

I do not think that investors need an excessive level of hand holding when investing. The risks of inverse funds, etc., are accompanied by plenty of disclaimers already. This proposal is just excessive government regulation.