Dear regulators,

Our country is a capitalist economy and it works on market force. Please do not regulate financial products limited small investors like myself to chose funds to fit my investment goal.

Leveraged ETFs have sufficient disclosures for retail investors to understand what they are buying. It is ridiculous you’re considering additional restrictions.

Are you also exploring limitations on 100% equity portfolios because some investors might naively sell during market downturns?

The onus is not on FINRA to ensure people don’t make poor investment decisions. Having sufficient disclosures is more than enough.

As a college student who works for near minimum wage, saving for my future, no matter how frugal, amounts to very little. Since investing, leveraged stocks have given my capital a turnover that puts my financial goals on track, given due diligence. Banning leveraged stocks would be another financial avenue closed to the working class, who simply want to save for their own home.

As long as they do not closing funds and still take money.

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

I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I am capable
of understanding leveraged and inverse funds
and their risks. I do not need these measures imposed on me.

I am writing to oppose increased restrictions on investing in leveraged and inverse funds. I believe that these publicly traded securities should be available to all participants and not just the privileged elite. Im perfectly capable of understanding the risks of investing in these funds and do so as a part of a diversified portfolio (ranging from defined benefit pension, target date funds, and, yes, some riskier investments, too) implemented to build financial security and wealth.

these regulations are extremely excessive. Investors in such products do not need you to assume that just because we invest via leveraged ETFs that we dont know what we are doing or understand the risks. In my opinion leveraged ETFs are one of the most effective ways to invest. I believe this so strongly i am teaching my children how to incorporate them into their portfolios as they are starting out

Please do not take away my right to invest as I want

I was a financial advisor for 35 years (brokercheck.org).

The damage you have already done to the industry is the reason why so many individual investors have lost so much money during the current bear market and will lose so much more before it ends.

Your regulations have basically forced advisors to place clients into 60/40 plain vanilla portfolios that are being decimated by rising interest rates instead of using investments that hedge with options.

The job of government is not to take away voters' rights to make their own financial decisions. Regulations like this always have unintended consequences. Let people win or lose based on their own risk and reward philosophies and willingness to do the homework.