The regulation being considered is yet another instance of lawmakers infantilizing citizens. This is wholly unacceptable and a clear violation of our right to choose public investments that are right for me and my family. Your incursion into this sphere is an affront to all. This isnt like driving, where being required to prove competence makes sense - because it impacts the public as a whole (other drivers on the road.)

I wish to maintain my right to be able to choose the public
investments that are right for my family. Public investments should be available to all of the public,not just the privileged.

I am an experienced in investment and especially high risk start-up or early stage business opportunities. I have a deep understanding of the techno industries and processes, many of which are embedded in early stage Crypto investments. I do not need arms-length third party oversight or restrictive processes.

I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.

I use part of my gain to buy leveraged ETF as a hedge to my investments.
I understand the risk involved in it.
but without leveraged etf, my whole portfolio is at higher risk.

Please keep "complex" investment vehicles open to all of the public, not just to those with the most money to spend. Requiring tests and other hoops to jump through are not necessary. In this market, inverse ETFs are very important to prevent losses from holding standard equities. Inverse funds are essential to all in the difficult market conditions we find ourselves in now.

Comments:I have used various leveraged etf in conjunction with my stocks and mutual funds for years. Im an individual investor with a regular job. Anyone investing in this category is responsible to do their own research regarding the risks and benefits on the direction website. There is short but effective information readily available pertaining to the nature of these levaraged investments. As in all investments, one should accept the possibility that the entire investment might be a loss.