This rule is absolutely unfair and limits the ability for average retail investors to earn outsized gains in the stock market. It makes it an un-level playing field with these products available to only large institutions and wealth managers, who in turn will charge extra fees to access these products. Putting a small allocation on my portfolio in an Leveraged and Inverse ETFs has personally allowed me to get over above market returns consistently and I would like to keep that option open without some regulatory overhang or having to prove my intelligence to an agency.

I strongly oppose SEC proposed rule #87-24-15. I earned my money and should be able to invest it as I see fit. Restrictions from the SEC hinder rather than help individual investors including myself. As regards Congress, I would not vote for anyone who supported SEC proposed rule #87-24-15. US citizens would benefit from fewer regulations and restrictions rather than more. Honor liberty and freedom.

To whom it may concern, I oppose this regulation. On the surface this sounds like government overreach. If I understand anything about the purpose of the SEC, it is not to protect individual investors, it is to protect the system. This would prevent individual investors from easily hedging against a market downturn, but allow "high net worth" individuals who can afford to have money managers do just that. Sounds pretty fishy to me. Under the guise of protecting individuals it seems to just prevent individual investors from compounding any effects of a market downturn.

I oppose these potential limitations on my ability to freely access the entirety of public securities markets. I regularly make use of inverse and leveraged ETFs in order to hedge my portfolio during periods of volatility. Thank you for your consideration.

I appose rule #S7-24-15. I have been using leveraged and inverse ETFs as part of my investment strategy for years. They are vital as a hedge against long positions during market downturns, or to enhance returns when the markets are moving higher. They are a critical tool, and are used sparingly. There is no reason why only High Net Worth individuals should have access to these instruments. There is no reason why anyone should have to pass a test use these instruments. It should be the choice of all individuals how to best invest their money not regulatory dictates.

I should be the one, not regulators, to choose public investments that at correct for my portfolio. No special process should not be required, and certainly not test performed to determine my ability to invest in public securities. Leveraged and inverse funds are very important to my investment strategies in hedging, enhanced returns, and as a limited part of my portfolio. I dont need someone else telling me what to do, or dictating what is safe for me. Regulators must leave my private decisions alone.

Leverage ETFs provide efficient use of capital for small investors without much access to capital. Investor should be allowed to invest in security of their choice without interference of regulators. There should not be a special securities test for investing in any security. Leverage security help small investor hedge portfolio without high cost futures account.

The leveraged funds represent the American spirit. Good or bad, it is my choice. Stop the manipulation.

Do not restrict my right to invest my hard earned money in whatever product I so choose. Leveraged, inverse, variable rate, option, etc. products are important tools for individual investors like myself. Individual investors can and do understand many complex investments and investment strategies. Individuals have to be allowed to make mistakes in life, including investments, as part of the freedom and competition which provide a health economy and free society.

I am a Registered Nurse with no formal financial/stock education. I however can do my own due diligence when it comes to what stocks I decide to buy and invest in. The inverse/leveraged ETFs allow me to easily diversify and lower my overall risks. STAY OUT OF MY ACCOUNTS AND FOCUSE YOUR TIME ON SOMETHING USEFUL!