I am an active individual investor, investing my funds in both IRAs and taxable accounts with Charles Schwab brokerage. I use 2X and 3X leveraged ETFs with some frequency to increase the return in both types of accounts. Less frequently, but periodically, I use an inverse fund to effectively short the market when it is in a downdraft phase. I use SH and DUST. Both leveraged and inverse ETFs are useful to me in trading, but they are not dominant in my portfolio. 90% of my investments are in normal 1X long ETFs or individual stocks.

Dont impose regulations for regulations sake. I know what i am doing with inverse funds and should not have my freedoms trampled on because of uneducated people making uneducated decisions. Investing is at our own risk and we should never be utilizing an instrument or asset we dont understand. We alone are responsible for educating ourselves but the extent of the education you are proposing to require is too too much. You will alienate the average investor and support the stereotype that investing is only for the wealthy.

Public Investments are meant to be PUBIC ! Do not restrain or restrict or prohibit me from making my own free will investments in the public market. I use leveraged and inverse funds. Do not interfere with my legal right to do commerce. Anyone of legal age should have the legal right to trade any public equity product. Loosing and winning is part of investing AND LIFE ! Leave these free will choices to each citizen..

Individuals not regulators should be able to choose the public investments that are right for them. Public investments should be available to all of the public, not just the privileged.

Allowing the average joe to purchase leveraged instruments is life changing. To take away the ability for anyone to take advantage of leverage would be devastating. Please reconsider your decision

This legislation is far too arbitrary and vaguely written to be enacted. It opens the door to unlimited regulatory restraint that invites the abuse of governmental power. It should be rejected. Please vote NO.

This proposed action is unnecessary and seeks to restrict individual choice and investment vehicles for individual investors. These investments are an important part of my investment strategy and when used wisely can be leveraged to minimize loss during market downturns without having to liquidate long-term holdings.

Investing in publicly traded securities is an individual investors right and they are fully accountable for the results (positive or negative). You may ask them to sign an additional waiver / acknowledgment of the risks but you should not restrict them. Additionally, You may put disclosure requirements on these leveraged and inverse funds to improve transparency to the investors. As a regulatory body, that is what the scope and focus should be.

I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST

I would like to still have access to LEVERAGED AND INVERSE FUNDS. This gives me complete flexibility in all types of trading