I do not feel that I need someone else to determine my ability to choose the investment vehicles most appropriate to implement my investment strategies.

The ability to purchase inverse ETF's is necessary to obtain gains when the stock market goes down. Let me decide which investments are best for me.

Please let investors invest freely. Take risks and rewards on their own judgment. Financial markets should be open to all participants.

It's absolutely absurd to consider inverse or leveraged funds as "complex products". The absolute maximum restrictions that should be similar to having to apply for options approval. Every broker I have used to invest in these types of funds does an excellent job explaining the risks. Imposing regulations would over-complicate it.

I have routinely used leveraged and inverse ETF's for years both to enhance returns as well as to hedge my portfolio. To restrict their use to a select few is a huge unnecessary government over-reach. The use of leverage and inverse ETFs do not require any "education" or "test". You should look at retail use of options and futures before you look at ETFs.

I need to be able to choose public investments. Stop this unfair rule change. I do not need to go through any test before I can invest.

Please do not enforce these regulatory rules for investing. I myself am in a situation where investments do help me but I do not have large funds. I think everyone should have the right to do what they want with their money without having to jump through hoops to do it.

Please do NOT restrict my ability to trade leveraged and/or inverse funds. Inverse funds, particularly, are a way for small investors to protect themselves against market declines. Most of us can't afford to short stocks or Index funds, so inverse funds are the only way to profit in a down market. Taking away that option is a terrible idea. In addition, leveraged funds are a great help for those who don't have huge amounts of money to invest. Well-timed trades yield a better result than plain-vanilla Index funds.

Why should only the large investor get the right to protect their investments during a downturn in the market, which they probably controlled and then not allow the small investor to equally protect their investment when the market goes down, something they probably had nothing to do with the downturn. The playing field should be the same for all investors, not just a small percentage of very wealthy investors. The large investor forces the market down and why should the small investor bears the entire brunt of the downturn while the wealthy investor makes a large profit via inverse funds.

Why would you even think about taking away our ability to trade inverse funds. Once again the government is insinuating we are too stupid to know when and where to trade the funds. I dont need you micro managing my finances. Leave well enough alone. I would also like a response on this. Greg Watson [REDACTED]. Thank you.