Taking the rights of investors away, to choose their investments regardless of how risky or silly they may be perceived to be, really runs contrary to the goals of free markets. Yes, put warning and red flags in place to warn potential investors that certain funds are very risky, but do not restrict our ability to choose the amounts of risk we take in our individual portfolios.

I appreciate the ability to sometimes purchase leveraged or inverse funds as it as an alternative to using options, especially in times of volatility when the IV of the underlying makes options too expensive. During the start of the pandemic I purchased some inverse leveraged funds as a way to cushion my portfolio. It worked well, and I would not want that ability taken away.

I do not need regulators to protect me from myself, and I should continue to be allowed to invest the money I earn in publicly traded Leveraged and Inverse funds. These investment vehicles are already approved for trading by the SEC, and I already receive "warnings" about their potential risks when I chose to trade them. Requiring me to "prove" I am worthy to trade them is a gross overreach in your responsibility as a regulator.

I am strongly against SEC Proposed Rule # S7-24-15. Individual Investors such as I need to have a tool such as these leveraged products in order to be able to compete with the big boys.

I am opposed to you limiting the investments I can invest in. I have a masters degree in Finance and have been managing my own money for 24 years. I should not have to pass a test or demonstrate high net worth to be able to invest in leveraged or inverse ETFs. I know full well the risks involved and I use leveraged ETFs as a vital part of my overall investment strategy. These types of investments should not be limited to the rich. I am more than capable of deciding which investments are suitable for my family, and I don't need you to decide these things for me.

Gentlemen: Do not close the very valuable tool of leveraged ETFs. They are useful in all kinds of hedgeing and investment strategies. They are also a terrific balancing tool in tamping down wild swings in the markets. Respectfully, Tom Watts, Nstaragdiesaples, Fl.

I not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. Leveraged and inverse funds are important to my investment strategies.

I have the right to choose the investment I want to do.

Inverse and leveraged funds are a valuable tool for an investor. Some brokerage firms have already refused to trade these in order to "protect the investor". I am a 76 year old retired teacher/mathematician/programmer. I have enough fixed income to retire comfortably. But I have lots of savings that can not earn a reasonable income in the current market and low interest rates. Over my lifetime, I have traded stocks and learned the ins and outs of trading of trading leveraged funds. These are less risky than trading options.

I am a disabled individual who has managed to support myself and my daughter for the last 5 years by trading stocks. During that time my net worth has never exceeded $150,000. THIS WOULD NOT HAVE BEEN POSSIBLE WITHOUT TRADING LEVERAGED ETFs ! My brokerage (Fidelity) Required that I read and acknowledge a very stringent warning about the risks before allowing me to trade these securities, and requires me to acknowledge it every time I trade a leveraged ETF. Stop the totalitarian nonsense