Please do not take away my ability to invest in leveraged ETF and into anything. I'm well aware of what I'm doing and I don't need to be restricted by regulators. There are way too many restrictions on US investors already.

Tying ability to invest to net worth is elitist and exclusionary. It further perpetuates the wealth gap because one could only become wealthy through investments.

I might be okay with mandatory test and knowledge check.

Brokers and individual investors not regulators should be able to choose the investments that are right for their clients or themselves. Public securities should be accessible to all of the public, not just the privileged