If I have to pass a test to invest MY MONEY, does that man I have to pass a test to pay my taxes? If so, how many times can I fail?

If investing is too complicated, why doesnt the IRS/tax code require to pass a test?

This is dumb.

i think regulators need to mind their own business and leave American citizens alone. It's our right to decide when and how to invest. It's obvious that regulators think they are better than the average citizen based on their self righteousness attitudes.

I understand that Benjamin Franklin started trading stocks in the early days of the republic. Investing in other people's ideas, products, innovations, designs is an essential freedom - though risky it might be - for citizens of this land. Do not meddle with it, thinking we need protection from risk. This tendency to regulate and socially engineer everything will collapse-in on itself and destroy the very structure it seeks to preserve.

I have a portion of my portfolio on leveraged ETF that are currently under the water, but that should eventually recover. This slings with my long-term investment strategy, my appetite and ability to take risk.

There should be no regulations and restrictions.

I am against any more restrictions to my ability to trade leveraged securities. I have been fully informed of the risks involved by my broker Fidelity in these products and had to sign and submit a document stating so to Fidelity. I am fully capable of making informed decisions on my own without any further government or regulatory restrictions such as passing a written test or proving my net worth. We do not need any more government interference regarding leveraged or inverse securities.

Investments should only be taxed once cashed out. Realistically, there us no money made until cash out. We don't get refunded for money lost in investments, so why should we get taxed on money we don't yet truly have...

I oppose restrictions on my right to invest freely.

I, not regulators, should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process, like passing a test before I can invest in public securities, like leveraged and inverse funds. Leveraged and inverse funds are important investment strategies for various reasons, including to help protect (hedge) investments or seek enhanced returns when used as a limited part of an overall portfolio.

All the rich people will still be allowed to borrow money to build their real estate complexes, while us small people will be restricted. How is a 2x leveraged fund different than buying on margin. A little, but often not much and sometimes much more cost effective. Someone else will benefit from this. I know this proposed restriction on me is not for my benefit lol. I suggest you look at the losses of some of the ark funds, or zoom this past year before deciding leveraged funds must be denied to ordinary people.