The purpose of restricting individual investors to purchase leverage ETFs by FINRA is questionable since my stock broker, Fidelity, already informs investors volatility and risks of losing capital seriously. Those who are trading leveraged ETFs are well aware of the consequences and ready to be responsible for high market volatility. In reality, most of novice individual traders don't know what leverage ETFs are. Some of leveraged ETFs with underlying indexes such as S&P 500 and NASDAQ 100 provide exceptional capital diversification among the top-class companies in the world.

Dear sirs, I am a retired financial advisor and former certified financial planner and I bought the proshares cryptocurrency fund as part of a diversified investment strategy. If you're not feel that I should be restricted when it comes to Alternative Investments for my long-term investment goals.

I fully believe it is the freedom of the individual to choose what they want to invest their hard earned money into. The responsibility of each investor is to do their own research and accumulate knowledge on how certain market products work. I fully support the right to invest in leveraged and inverse funds and so should you.

Along with my equity trading, I have used several of these L & I funds for several years as marked situation presented itself. So I strongly object to limit me from trading in these funds.

Dear Regulator,

Please respect my right to invest my money however I chose fit. There should be no special process regarding investments in leveraged or inverse funds. Thank you for respecting my freedom to utilize leveraged and inverse funds as part of my investment strategy.

It poses a severe threat towards market fairness. It's like locking people in home because of Flu, but except the rich ones. All retail traders or investors should be able to freely choose whatever products that fit their trading strategies.
Finance is NOT only for the rich or the privileged. Raising the bars limits our capabilities. We know what leveraged or inverse funds are. Also, the liquidity will be severely affected if passed.

I have been investing leveraged etf for 12 years and I love them . As long as investors understand the risk involved there should not be any limitations . Almost every stock on the pink exchange is risker than leveraged etf

I am opposed to the limitations the FINRA is contemplating imposing on right to choose who I invest with and what I invest in.
I am also against FINRA, a Not-for-Profit organization regulating my right to invest with whom ever I want to and in what I invest in and to have me go through any special process and testing I might have to take before investing is unconscionable.
Most investors are not stupid. They do their research prior to investing and are capable of understanding leveraged and inverse funds and their risks.

"Restraint Of Trade" is any activity that prevents another party from conducting business as they normally would without such a restraint. Restraint Of Trade is rooted in English common law and codified under the Clayton Act and the Federal Trade Commission Act. Courts will readily find that the proposed FINRA Regulation #22-08 constitutes Restraint Of Trade and will readily impose penalties on FINRA and its Directors under civil Class Action litigation. FINRA is flirting with costly and embarassing court losses. This is a foolhardy venture for FINRA.

I should be able to choose the public investment 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, nor do I want these measures imposed on you.