As an investor I think I fully capable of understanding how Levered and Inverse funds work. Public investments should be available to all of the public, not just the privileged. It is paternalistic to assume all retail investors are woo unsophisticated to trade ETFs such as these. Further, I, and other retail investors, frequently trade options, which truthfully are harder to understand and potentially more dangerous to investors .

What I decide to buy/sell is my business not yours. If you want to offer protection that should be MY choice to take, not yours to thrust upon me. I resent regulators doing that.

Buying these funds isn't any different from investing in high beta stocks, and I'd argue it's actually safer than doing so by focusing on a basket of stocks in a certain sector than only one. It's also safer than trading options, which is what people will be forced to do if they can't trade leveraged ETFs.

I oppose any further restrictions on my ability to invest in leveraged funds.

Please don't interrupt and twist the free market, regulators. Stay away.

Good afternoon, I write to you today as a retail investor who is building a small portfolio. I have found leveraged and inverse ETF products to be integral to my trading strategy, as they allow for enhanced returns. When I first began trading and trying to find ways to enhance my returns, I tried options and nearly wiped out my portfolio. I had to start all over again, and vowed never to use options again. I turned to leveraged and inverse ETFs, and now I am finally able to grow my capital.

We, the US investing public, need the ability to "short" stock market indices, equity sectors, currencies & commodities, just as the institutions do, to hedge our portfolios and protect the downside in our investment accounts. To not be able to do so would punish the "little guy" and provide all the benefit to the big institutions. We individual investors are acutely aware of the risks and the benefits in doing so, and need to be able to protect our assets.

Please Do Not Pass this legislation restricting our ability to invest in these types of funds and other investments as most of us know what we want when investing in these stocks or funds.

Individual investors should be free to determine their own level of acceptable risk. The responsibility should be on those offering securities to clearly explain the risks and in individual investors to accept those risks. Individual investors should not be required to pass tests or meet a bar of net worth in order to purchase publicly available securities.

I firmly oppose restrictions on my right to invest in leveraged funds at my own risk.