An investor in securities should not need regulators to ban public investments. Let the buyer beware as we do in most things being sold to the public. Investors are capable of the understanding of leverage and of inverse funds and the risks they entail. I have used these types of funds in the past as a limited part of my investment strategy, and would not be pleased to lose the ability to use them in the future. It is not fair to allow the privileged to use them when average investors are not allowed.

I strongly appose any such rules!

I am investing into leveraged funds from last many years and would like to keep my right to invest in these funds without any additional requirement.

Srongly believe the proposed regulations are: Bad for Investors. If the proposal is adopted, some investors who could benefit from the enhanced return and portfolio protection potential of leveraged and inverse funds could be prevented from buying them by an overly burdensome qualification process. Brokerage firms could even stop offering these funds altogether due to the difficulty of implementing the regulations. Unnecessary. The SEC has not shown there is a problem that needs to be solved with respect to leveraged and inverse funds.

do not make decisions on my behalf...please let me choose how I want to invest my retirement money

I should be able to freely choose my investment products and not have to my freedoms taken away at the sole discretion of the government. I oppose this proposed action.

We Americans not regulators should be able to choose the public investments that are right for us and our 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 wevcan invest in public securities, like leveraged and inverse funds. Any average person of average intelligence is capable of understanding leveraged and inverse funds and their risks. We do not need these measures imposed on us.

There is no viable reason to restrict access to inverse or leveraged funds from the public. Having been investing my own retirement funds for 20 years I well understand the risks involved. They are an appropriate part of a well balanced portfolio. Hedging and being able to take some advantage of downtrends must not be restricted to professionals and the super wealthy. Anyone with the willingness to understand markets should be able to participate it any investment they wish. Free markets. That is the goal, no?

please do not restrict my choices

To Whom It May Concern: I am a self-directed individual investor writing to urge you in the strongest possible terms to avoid creating any new regulatory barriers to investing in leveraged or inverse funds. Your role in upholding basic investor protections is vital to the integrity of the market. While institutional investors can access a variety of financial instruments to take advantage of market volatility, individual investors have relatively few options other than inverse (or leveraged) exchange traded funds (ETFs). For example, some leveraged/inverse US Treasury ETFs (ex.