These leveraged funds do NOT needed additional regulations. They trade like a stock and can be volatile but are not like future/commodities where the investor can lose funds rapidly. This is a more conservative alternative to exposure to commodity markets and should qualifications to trade should not be altered or increased by regulations.

I run a systematic quarterly rebalancing plan that is powered by leveraged ETFs. I know what I am doing. The proper use of these leveraged products is a key part of my financial plan.

These funds are important to me. They improve my performance over the long term. I am not engaged in reckless trading, I understand the effect of daily magnification of an indexs price movement, and I use this magnification to my advantage.

I do not want a third party evaluating my capability of managing these funds, and certainly do not want one preventing me from buying them.

DON't try it

Please oppose limitations. It's not the government's or anyone's business how a person makes their investments. And there shouldn't be a cap. What should be done is Congress should reveal their investments and all investors in medical and environmental studies and advertisements and political campaigns should be revealed to show conflict of interest. But the average American citizen is none of those, and has rights protected under the Constitution that gove6was not created to infringe on the people's rights, such as capping their investments.

For decades, Americans of all incomes have looked to the investment markets as an opportunity to build wealth and achieve goals such as putting their kids through college and retiring among other things. Over the years those opportunities have continued to increase with increasing levels of innovative offerings from simple stocks and bonds to mutual funds, ETF’s, IPO’s, dividends, cryptocurrencies and much more.

There would be no concern with requiring additional disclosures to ensure investors understand the risks of these "complex" products. Limiting these investments to accredited investors however would be wrong on many levels. The fact an individual has a higher net worth than most does not automatically grant them additional understanding of financial products. This would result in blocking the average person from using all the financial tools available to build their net worth and create an even greater unfair playing field between the wealthy and average net worth investors.

Please dont do any restrictions on pro shares

I say leave leave what we have alone.Enough is Enough

I just want to have options when I need it and have funs when I am trading a X3 fund. Please do not take this away from me.

As a United States citizen with sound mind to make my own decisions on public investments that are right for me, I oppose the Financial Industry Regulatory Authority putting restrictions on what public investments I should be able to invest in. Public investments should be available to all of us and not just the privileged. I should not have to go through any special restrictions or approvals to be able to invest my money in public investments such as leveraged or inverse funds. I am capable and intelligent to understand leveraged and inverse funds and their risks.