Attempting to impose this regulation limits the ability of the lower and middle class access to powerful investment vehicles that were previously only available to the wealthy. Stop this legislation. It is not in the best interests of the public. I would consider a class action lawsuit against any regulator who backs this legislation, stopping the progress and wealth creation ability of the average person.

We should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.

This is the point of investing. I do not need the government deciding what my risk tolerance is and by locking down these tools to only those you deem worthy risks upsetting the balance of 'free' markets. There should be careful consideration of your own downside risk that would arise due to this proposal.

As an investor, I appreciate my government's efforts to afford me protections against fraud and other illegal acts by those whom I entrust to handle my investments. What I do not need or want is a government agency to baby sit every investment opportunity that might seem complicated to the ordinary person (i.e., not a lawyer or professional trader). Every source that I use for investments is more than willing to explain to me what the ramifications of a particular investment opportunity are, and I do use their services. Stick to monitoring those entities that would do me harm.

I feel I should be able to choose the public investments that are right for my family and I. All public investments should be available to all of the public, not just the privileged or 1%. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I'm capable of understanding leveraged and inverse funds and I understand their risks. To all the regulators I don't need these measures imposed on me. Thank you and good day.

Restricting use of leveraged and inverse ETF's is a step in the wrong direction. Individual investors need tools to help manage risk as much as industry insiders and the wealthy. I use them as a tool to hedge my portfolio. As the market retreated, I put a small percentage, about 2% - 3%, into some of these instruments to decrease my downside. The leveraged ETF's allow me to use a smaller amount of capital to get a bigger impact. Since I'm mostly fully invested, and it's difficult to time the market to determine what to sell to raise capital.

As an individual who invests in EFTs and other assets using income from a W-2 Job, its very important that I have the freedom to review, research, and pick which products I wish to invest my money. The SEC is constantly making it more difficult to generate good returns for non-accredited investors and this is just another example. Actions like this leave normal citizens like myself out of some of the best investment vehicles which contributes to wealth inequality. In laymen's terms, policies like this contribute the rich getting richer and the poor getting poor.

I am a responsible investor and it should be my right to choose the avenue in which I choose to invest. Thank You, Eric Larson

I have been trading leveraged and inverse products almost since their inception. I understand these products and have used them for close to 20 years and have never had a problem. They are the majority of my trading/investing strategy. I cannot understand how taking a test is going to be a better metric for understanding these products than 20 years of "skin in the game". Also I believe these products should be available to all equally.

I reject your intrusive attempts to stop investments into leveraged and inverse ETFs. Stop treating investors as if they have no understanding. It's patronizing and demeaning, and it's not who you are. Lead by positive action to create more choices in the market....not less.