I am deeply concerned with proposed increase regulation and oversight of leveraged and inverse funds. I have spent years reviewing and learning about leveraged funds, watched their performance and understand their risks. With careful measures, I have had success using them to increase my portfolio considering in excess of the market (eg SPY). And have steps to cover losses in bear markets.

I have held and trade the leveraged Proshares such as TQQQ and UPRO since 2009. They have been important investment vehicle for me and my family. To restrict my right to trade such ETFs is going to great harm to my financial well being. I urge the regulators not to restrict my right to trade these ETFs.

We do not need more babysitting from government, allow me to decide how will I risk my own money

The United States is a free capitalist country where people have freedoms guaranteed by the Constitution. This should reflect from the freedom of investing too--people should have their freedom to choose what and how to invest their money. We save and invest to better our future lives. I diversify in my investments. Leveraged and inverse funds, though by no means of a large portion, are important part of my portfolios. Adding special requirements before one can invest in these public securities will tie investors' hands and impact our freedom to make decisions for our own interests.

I assume all risk as I invest.

After working in the financial industry for over 20 years and now hearing that regulators are wanting to restrict investors on what they can invest in, specifically crypto investments, makes me question the integrity of our regulatory bodies. All investors should have the right to invest in whatever they believe serves their financial goals and future. Is the US becoming communistic like china? It is our right to choose our investments without asking for permission.

It is outrageous that i on a self directed account should not be able to purchase leveraged or inverse securities because someone else wants to babysit me. I should not have a barrier to entry by demonstrating net worth or any other restraints. This is a violation of my freedom to do what i please in the income and money that i have. Seems like a guarding of this assets to be for the most benefited players in the industry to regulate further these securities.

It poses a severe threat towards market fairness.

I am opposed to restrictions to my right to invest in any public investment. If the vehicle is public it needs to be available to the investing public and not restricted in a way that favors a privileged group. I have been investing since the late 80s and have a good understanding of the market and the various vehicles that are offered and do not believe new barriers are needed. I take responsibility for my investment decisions.

To whom it may concern,