I oppose any new regulation to my personal investment. I should be able to choose my own investments. I should not have to go through special process or test to invest in ANY securities including leveraged funds.

We have always had the ability to trade stocks and funds that we have determined to trade. We understand the risks and if people don't then they just need to take responsibility for our trading or not trade at all.

I have experience or investing leveraged and inverse funds for more than 6 years since 2015 when I lived outside of USA. I limit exposed value of inverse funds to the amount of less than around a half of my full value of cash at maximum, and usually invest then to the amount of less than 10% of them.My broker has never limited my investment to inverse funds. I have read materials regarding inverse funds and understand the nature of leveraged and inverse funds. I would like to continue to invest inverse funds as well as others.

Regulators should not choose the public investments that are right for me and my family - and my portfolio. Public investments should be available to all of the public. You shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.

I buy leveraged and inversed funds as part of my investment strategy and would be very negatively impacted by any change. I buy these funds as a hedge so I can hold my regular stocks in a down market to held for long term gains. For example, I am holding AAPL, AMZN, MSFT, NVDA,SOXL AND OTHERS. I want to hold these stocks for long term gains. I can keep the stocks and hedge by buying SQQQ, the Nasdaq Bearish Fund to protect my downside.

As an individual investor, I understand investing is inherently risky and it is my responsibility to evaluate each asset allocation with this in mind. I use leveraged and inverse products to manage risk and hedge long-term positions. The ability to do so cheaply and efficiently is critical to my strategy. My fear as it pertains to this regulation is that it will increase costs and make it more difficult for individual investors like me to access techniques for improving risk adjusted returns, exacerbating an unequal playing field in financial markets. Thank you for your consideration.

I opposed restrictions to my right to invest.

Typically, loss due to investment in funds is limited to the amount an investor was willing to use for purchasing those funds. Investing in leveraged and inverse funds is a useful tool for individual investors as it provides a mechanism by which to improve ROI when regular funds may be doing poorly. In all cases investors should be doing some research and consideration of risk before investing in funds or stocks; inverse and leveraged funds are no different.

Fair and Free Investment markets are essential to our nation's ability to sustain longevity!

I have been engaged in the market for over 40 years. I utilize leveraged and inverse funds in a deliberative and judicious manner to balance my portfolio. I find it insulting that the proposed over-reaching regulations posted years after I have made my careful financial plans would severely penalize me in my retirement years.