Hi, I am an adult and I can take my own risk. I don't borrow money to invest and I response to my investment risk. Thank you.

It is important to allow investors to use leveraged and inverse funds in their portfolios. These add an opportunity to participate in a sound and well managed personal investment effort to be successful. Brokerages provided valued information and warning about these produces to their clients.

Individual investors put a lot of time and effort to understand L&I Funds. I know that I do and have participated in them for a long time. No change is needed in this regard.
Thanks Tom

In regards to your proposed legislation to apply special criteria to investors who wish to trade in some leveraged or inverse funds. At the best, the proposed legislation is an additional burden to investors. At the worst is that it is discriminatory that shuts out small investors in favor of wealthy investors an private wealth or hedge funds. I currently have held one of these funds for over 11 years. It has allowed me to turn a small investment into up to 11 times it's size. I know it goes down farther than market swings, but it also goes higher than market gains too.

I have invested in leveraged and inverse funds for 20-odd years as a hedge against rising rates and over-priced securities. Please let me continue to do so.

Please allow investors to continue in leveraged funds, this is a way for Americans to counter the high inflation caused by economic factors and political activity.

I am strongly opposed to government interference and regulation which would significantly inhibit my ability to manage my portfolio.

I am opposed to regulation #22-08.

I should be about to make my own decisions about my investments, not regulators. Nor should I be required to take tests to prove myself. I can read & understand the notices that are provided when I choose an investment. They are plenty sufficient.

Some of the funds that are planned to be limited, like inverse funds, are critical to my investment strategy.

I ask that this regulation not pass.

I use inverse ETFs on a regular basis to hedge my portfolio. I am distraught that there is consideration being given to set restrictions. Please dont put up barriers that MAY save some people from themselves that hamper the abilities if many others who want their freedoms of choice.
Please dont do this.

Leveraged and inverse funds are important tools for my investment strategies.
It's a very small portion of my overall portfolio for hedging.

Leveraged and inverse funds are similar to Options.

I think the powers that be should leave this alone. As an investor I take responsibility for my own trades and understand the nature of decay on leveraged funds. Don't establish new obstacles for investors based on their net worth and further retard their ability to make money. Yes, there is a learning curve and there is some danger, but let the investor figure it...it's part of the process.