This is America!

Thanks but I do not need your help in deciding what to invest in. I am fully capable of making investment decisions. Restrictions on my right to invest in public securities is a private matter between my wife and I.

To Whom it May Concern: I am writing in opposition to SEC Proposed Rule #S7-24-15 which would place unduly burdensome restrictions on persons wishing to invest in leveraged an inverse funds. This rule would require passing a test, showing high net worth, "cooling off" periods and other impediments that would do nothing to address the risk that regulators perceive in these investments.

I believe that it is every investors right to freely access the entirety of the public investment market without unnecessary restrictions. Your proposed actions only hurt, (not help), the free, fair and open investment markets.

It is my right and privilege to be able to invest in funds as I see fit to my investment strategy, to include inverse and leveraged funds. I should not be forced to pass any special tests or processes to be able to invest freely. After 13 years of the Fed funding the markets and over $7 trillion dollars on the Fed balance sheet creating an unprecedented rate of inflation, it is not ironic that the SEC is now considering restricting investment choices. There will be a price to pay for such intervention, it should not be those that choose to invest in inverse funds pay the price.

I disagree with any special process to trade leverage ETFs. It is my choice to take this risk.

Please do not restrict my rights to choose what I invest in. Any publicly traded stock should be just that. Public. If I want to buy it I should not have to pass any kind of test. I am just as smart as any regulator and am able to make my own investing decisions.

I oppose restrictions to my right to invest on those Leveraged and inverse ProShare ETFs that are currently offered to public. I 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. As long as the description of those funds are available for me to view and understand the risk no additional measures are needed.

This is absolutely ludicrous! When did America stop being America?! If Americans wanted to live in communist country they would just move to China. Think hard about what side of history you want to be on.

I've been investing in the stock markets, bond market, I've traded options and futures as well as currencies for 4 decades, and I do not want to be limited in any way as it relates to investing for example in the stock market if I decide I want to leverage long or short positions or use inverse funds to reach my investment goals. I've been doing this for over 40 years now, and I feel I've earned the right to make that decision myself. To that end I do not believe that any restrictions are warranted as are being proposed in the SEC's proposed rule #S7-24-15.