FINRA,

Please don't restrict buying of leveraged ETPs. They are much safer and the risks much clearer than other leverage derivatives like options or futures. leveraged ETPs are an essential part of a agressive or parabolic portfolio while still being broad-based. I really hope FINRIA doesn't undo the empowerment of retail investors in the name of "saving" or "protecting" us.

Please, let our community invest.

Let freely investing in continue please!

To Whom it may concern: I am 54 years old and have been an active investor since 1997. During that time I have utilized many different investment vehicles to achieve my investing goals including stocks, bonds, options, mutual funds, etfs, leveraged etfs, and even inverse etfs. It was with great disappointment to learn that federal regulators are considering restricting individual investors ability to access these investment vehicles. This type of restriction would certainly hamper my and most likely many other investors ability to achieve our desired investment and retirement goals.

Leveraged and Inverse ETFs are very important for portfolio construction. Leveraged inverse ETFs are an inexpensive way to hedge a portfolio. For example, I was hedged with SPXS and SQQQ in March 2020. As a result, my portfolio did not go down as much as other people I know, and I wasn't stampeded out of the market. I held on and the market righted itself. Without leveraged inverse ETFs, I'd be forced to buy puts to hedge my portfolio, and that's a good way to lose money quickly. Please leave leveraged and inverse ETFs untouched. Thank you.

I have 30 years of investment experience, and my strategy is conservative. I use leveraged and inverse funds as a hedge, and understand the risk of maintaining these holdings over an extended period of time. My investment in these funds never exceeds 3% of my portfolio.

with almost 50 years of investing and advanced degrees and a CHFC certificate to boot, i really enjoy having to sit for a test by someone who has no idea what is my situation. adds delays to investing that may be costly. millions of people are waiting for refunds for the past few years. not enough staff to process and old computers systems etc. how will this bad system be any better. waste of time and money. my money. government will likely add a fee for the privilege and not call it a tax??? extra reading - bloomberg is on my TV right now. check yahoo business daily. WSJ - as needed.

I believe that the FINRA is overstepping it's authority with these proposed regulations. People who invest know the risks and do not need these unnecessary obligations.

It is my belief that a market should be open and fair and that each market participant regardless of funds or experience should be able to have access to the same tools and be able to take on whatever risk they feel comfortable with. By denying some investors access to products and not others, you are creating a two tier system which is the antithesis of a free market. You are also giving one group a leg up against the other. This will create animosity and distrust in the financial system and erode away confidence in our regulatory institutions.