This is absurd to say what someone can and cant invest in for the everyday person. We are all capable of understanding what risks are involved as everything in the market comes with risk. I do a lot of investing and trading using leveraged funds and have not had an issue and its where a vast majority of my trading comes from. All this without any kind of test. Its insulting to take away so much funds and act like this is doing anyone a favor. I dont need anyone to tell me that I cant handle this kind of fund without taking a test first, or that I need a certain net worth.

Its very unfair to keep ppl from being able to invest as they see fit. They dont need to be protected. We do our own research. We have a brain. We know what we are getting in to. Its up to us to decide what we want to invest OUR money in and what risk we prefer to take.

Comments.I am not in favor of proposed limits that may restrict my access to L&I Funds or to disqualify me from trading L&I Funds or other complex products.
I have a strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading, and that they should be monitored regularly.

I am strongly opposed to the restrictions to my right to invest. My choices on how to invest my money should not be governed by the government, nor should I have to pass any special tests before I can invest in public securities, e.g., leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks, via knowledge bases that are publicly available. The proposed measures to limit investing to only 'qualified' individuals only seek to keep investing for the privileged few, rather than the public.

We investors must freely be allowed to invest without government Interference!!!

To Whom It May Concern:

I strongly believe that we investors, rather than regulators, should be able to choose the public investment options that are right for us and our family. And all kinds of public investments should be available to all the investors, not just the privileged ones. USA is a democratic country, which ensures equal investment opportunities and rights for all investors.

We Need The Leverage!

I am wholeheartedly against the proposed rule changes.

I came from a communist country, which limited all my freedom in every sense. I chose to come to the United States due to the fact that citizens have the right to different types of freedom, including investment freedom. I want to maintain the freedom to buy and/or sell, choose an occupation, compete, and make a profit. Therefore, I want to continue freely investing in public securities of my choosing. Using leveraged and inverse funds are important for my investment strategies. I'm capable of understanding leveraged and inverse funds and the risk it brings.

I fully understand the risks associated with leveraged and inverse ETFs. I study my investments diligently and believe I have the knowledge to continue investing in these ETFs, especially during these times when inverse ETFs allow to hedge against the market going down.