Let me decide my life.

PROPOSAL HAS TOO MANY UNDEFINED ITEMS, LEAVING PROBABILITY OF GOVT CREEP AND CONTROL. IS TWO MILLION HIGH NET WORTH IN AN INVESTMENT ACCT? OR FOUR? OR FOUR HUNDRED THOUSAND? OR $400? SPECIALIZED KNOWLEDGE IS RIDICULOUS. DEFINE TERMS, IF EVEN IN SPECIFIC CONCEPTS. I OPPOSE RESTRICTIONS ON INVESTORS, SOME OF WHOM MAY LOSE OR GAIN. BUT, LOSSES AND GAINS LEAD TO LESSONS LEARNED. RESULTS OF ONE'S ACTIONS ARE NOW READILY AVAILABLE. STOP RUNNING OUR LIVES AND CREATING JOBS FOR ONESELLVES!

We should have the right to invest in whatever asset we choose without these type of restrictions by FINRA. Also why do I need to take a test to be able to invest? I understand the risks and have done my due diligence. Leverage and inverse funds should be treated like any other asset or fund. These potential restrictions are not logical.

When you actually work hard and for Americans, you can have a say. Until then, keep your hands out of our pockets.

Please oppose any restrictions on my right to use my money as I deem fit. I understand the risk of leveraged funds and do not require any special measures imposed on me. I can't help but believe you really don't care about my welfare but only care about corporations possibly losing capital. Why would things change now when things did not change during the longest bull run in the history of the market?

Another attempt by government or oversight bodies to say people are too stupid to make their own decisions with their (own) hard earned money. I am sure most of us are far more able than these self declared experts think.

It's not the job of regulators to decide which public investments I want to use for myself and family. I've used inverse funds for years and understand leveraged and inverse funds and how they work. I shouldn't have to go through a special process like passing a test. It should be my decision alone. Leveraged and inverse funds are important to my investment strategy. During 08 I did well they helped hedge my investments.

Taking away my ability to purchase inverse and leveraged ETFs is insulting to the retail investor. The current tools available to today's investors have leveled the playing field, with retail having the ability to use tools unavailable in the past. These tools allow me to offset my core positions without having to sell the underlying securities. They also allow me to participate in the declining market vs. sitting only in cash. Leveraged ETFs enable me to effectively borrow funds vs. having a margin account and managing the additional risk of margin calls.

To whom it may concern,

I have been managing my own investments for 30 years using a variety of ETFs, CEFs, BDCs and inverse funds. I do not make a great deal of money from my self-employment income, so in addition to long-term investing for my retirement, I also supplement my income with occasional short-term trades.

I should be able to choose any publicly available investment product that I want. I have been investing for over 50 years and know the ramifications of using leveraged and inverse funds. They are definitely something that one should use only when certain opportunities come up.
They have a place in a lot of peoples' portfolios. I use them to hedge certain other investments, as I'm sure other people do too.