Please don't take away my ability to make extra returns from leveraged ETFs and inverse ETFs. My account is up over 500% since early 2020. It's not fair that you are going to limit small investors to the ability to increased returns.

I should be able to choose public investments that are right for me, and these investments should be available to all of the public. I should not have to go through a special process or test to invest in inverse and leveraged funds. I understand their risks well - information on them is widely available. Leveraged and inverse funds are an important part of my investing approach, allowing me to hedge against risk and/or achieve better returns. I use them as a limited part of my portfolio where higher risk is acceptable, and I monitor those risks on a daily basis.

A company like Titan gives me the opportunity to play the game like all these hedge funds but you only want to let them in on the fun. Continue to demonstrate why people hate everything about modern capitalism.

I take responsibility for all of my investment decisions. If I can't invest as I wish, can't explore the investment world on my own, I can't learn, because I'm not ever going to be a wall street firm employee or economics PhD. It's my money, and I want you to stay out of my decision making. I have my own advisors and educational materials. Your job is to keep people and companies honest. Do me a favor and look into the rigged silver market, eh?

Leveraged and inverse funds are important to my investment strategies, which I have a fundamental right to manage on my own, without excessive/unnecessary restriction from regulators

Why should a knowledge person not be able to purchase these types of Pro Share? If its on the market to trade then anyone with knowledge should be able to do so or else de-list all these kinds of stock completely.

I do not believe that this rule is for the benefit of retail investors. These regulations are not for our own interests and do not protect us.

It is common knowledge that markets are manipulated by large funds and privileged wealthy investors. Leveraged and inverse funds are the small investors way to level the playing field. People should have the right to make their own financial decisions. Information regarding risks is adequate to inform an investor who should take responsibility for their own actions. Passing a knowledge test does not insure that people will not lose money if they make bad decisions. I have used inverse funds to protect my portfolio rather than sell out when I see a down trend.

An investor for 40 years, and a retired CPA, I trade inverse and leveraged securities daily. They are a key part of my investment strategy. It's not government's job to prevent people from using well-designed and regulated products. However, each broker of such instruments must be required to explain, person to person live, the benefits and possible losses that can accrue to investors, especially inexperienced ones.

I have been investing in leveraged funds for over 10 years and I am aware of the risks. Leveraged funds help my portfolio perform better with higher returns. I do not need any classes or tests or certificates to trade these funds. If you do then you should make every single investor in the market do the same.