1. Leverage to the extreme has gotten us into a lot of financial problems ... people, companies, cities, states, the country as a whole and the world. Mortgages with no money down (total leverage), 5X and 10X leverage bond products sold prior to the 2008 crash or 3X funds for stocks or commodities.

Often, when these investments break down, the issuers get off with a slap on the hand and the investors pay the price.

SO, spend more time watching and punishing the issuers as well as targeting those products with limits on who can buy.

I understand the risks of investing in leveraged funds and would like to continue my investments in the leveraged funds.

United States citizens are the creators and the product of the democratic systems they make. That's a high responsibility, and one which many American are ill-equipped to make. That doesn't mean they ought to lose it. Likewise in finance, regulators ought to take reasonable action to protect Americans, but Americans are ultimately individually responsible to themselves, their families and communities, and their nation.

"A vibrant market is at its best when it works for everyone."

"FINRA provides confidence to participate by safeguarding market integrity."

These two quotes are directly from the main page of your website. If FINRA is interested in protecting investors and providing a level playing field, then this proposed regulation is the very antithesis to that notion.

I have been using leveraged vehicles for myself and for my grandkids as funds to assure we have enough money during our retirement years. To restrict these vehicles at this time would create a real hardship for my retirement and for my grandkids. I don't understand why you are contemplating doing this.

It is Un-American not to permit people to invest freely.

All people are entitled to equality and that includes the right to invest their money in whatever they want.

I don't agree with FINRA to set restriction for us to invest into stocks the public securities such as leveraged and inverse funds freely as what I have been doing to protect my investments. I and my family should be protected the right to invest in all public securities product not just the privileged.

I would like to voice my strong opinion that everyone should be allowed to choose stocks, bonds or riskier investments. I think the reason for this is partly due to many people in online discussions about stocks could eventually affect the real so called pro hedge funds that the banks fully support. Its my money to risk to lose, or profit from. Thank you, Bill Faust.

Please do not been leverage GTS there are great investment for the right people that know what theyre about I believe short selling should be banned in and option should be banned because people that go against leverage dont realize theyre going to get margin called and then they called a broker complaining meanwhile they said they knew what they were talking about and I think it should be maybe even so that if youre down over 5% in a day you get liquidated but definitely get rid of short selling and options because I love SQQQ TQQQ AND UPRO