I deeply resent you regulators telling me what I can or cant do with MY MONEY not yours. I don't need big brother to protect me, I'm quite capable myself, thankyou very much.

I support new regulations that make it harder for individual investors to invest in complex instruments or funds they do not understand. Almost all individuals would be better off investing in index funds.

I am writing to discourage a decision to limit investor choices with regard to investments.
If securities are approved for investment an investor should be allowed to avail himself/herself of such securities. Fraud should be the deciding factor in approving an investment alternative and not the perceived risk.
Leveraged investments are useful in hedging other holdings.
Thank you,

[REDACTED] This is all about hedging myself for a future Market crash which is sure to come because these PE ratios are completely unsustainable. I might feel uncomfortable saying I'm a sophisticated investor? But I'm not an idiot investor. My father husband educating me in the market since I'm 5 or 6 years old and I'm now over 70 so I do think I know a little bit

I strongly opposed restrictions to my right of investing the way I want. All public investments should be available to all of the public, not just the privileged few. I know my investment portfolio and know how to manage the risk, I do not need these measures to impose upon me.
Leveraged funds are important to my investment strategies, and I fully understand leveraged funds and their risks. In fact, the strategies that I employed to invest in leverage funds actually improve my returns and reduce my investment risks. I feel safer and have peace in mind.

I was made aware that FINRA is seeking to put restrictions on L&I investments to "protect" investors. I'd like to offer up my experience as an example of why this is not needed. Details are below but I'd like to emphasize first:

I can make my own decisions about investments and do my own research. I don't need to prove to anyone that I can handle it, because I know how to accept risk.

I don't risk more than I'm willing to lose.

the beauty and strength of the free market is "free" investors should maintain their right to choose what they want to invest in and advisors should have the ability to offer those products to investors who want them. this isnt a "nanny state." the government/SEC doesnt know what is best for individuals. The SEC should police the investments. not decide which investments investors can invest in.

I wish to state my strongest objection to what I perceive to be an overt attempt by power-hungry control freaks in the federal government relating to limiting access to investment opportunities in, among other vehicles, inverse and leveraged funds. This is nothing more than a solution in search of a problem, in my view, and is a dangerous step toward government control of the marketplace.

Please do not limit our ability to invest in what you deem as "complex products". Trust investors who do not require a big brother to permit them to invest in products outside of the overall stock market. Leverage and shorting or using inverse funds can offer superior returns or prevent a loss in a portfolio.

If you restrict investment in leveraged indexes, then you should not allow purchase and sale of calls and puts. The only reason this is once again in focus is the market are falling into a bear market and smart investors are not allowed to profit from inverse indexes. Go regulate fraud in the markets instead of doing this kind of restrictive crap.