this is too restrictive. People can be responsible investors without another bureaucracy that will allow only the upper 1 % to benefit

I am opposed to FINRA restricting my ability as a private citizen to purchase securities that are currently available and may continue to be available to institutions. I doubt the funds would go away they would just be blocked for retail and available for insiders once again tipping the scales in favor of the market makers. These funds help to take positions without using margin or assuming unlimited losses on a short position. The inverse and leveraged funds really aren't "complex" at all they just have larger swings based on leverage.

As an individual investor, with limited capital at hand, leveraged ETFs provide great and easy opportunities for me to grow my investment. We understand the risk comes with it and simple stop loss/capital management strategy keeps me away from large capital loss. So I strongly expect these investment tools to be still available to us.

I should have a right to invest my hard earned money were i choose invest it. I don't get hand outs like government hand outs or state hand outs. I work hard for my money. I don't lie on the couch and wait for my next tax paying hand out. So i should be aloud to invest my money not the governments money where i want to invest it.

You are not doing this to help us! You are doing this to paralyze us. If you really cared about fairness you would prosecute the short sellers and synthetic share creators. Let us invest how we like.

Leverage is inherent in a large and growing segment of financial trading. I.e. options of all stripes and color - To penalize leverage funds is arbitrary and unfair as this is selective enforcement Tom DiMayo

Members of FINRA,

Leveraged and inverse ETFs are of great importance to me
and I strongly object to any new restrictions on the usage of these investment vehicles.

Imagine a world where you don't have to pass a test for having guns or for playing in a casino, but you have to pass a test for investing money.

I should be able to choose public investments that I feel are right for me and my family, not some government agency. This in my opinion is a government over reach. It appears that every day the government tries to usurp American citizens rights and indoctrinate each and every American citizen. This is supposed to be a free country. Let's keep it that way. i'm truly tired of politicians repeatedly saying, "Do as I say, not as I do." Let's face it, politicians live by their own rules instead of the rules they impose on everyone else.

Funding is extremely challenging. Additional regulations are not the answer. I deal with "sophisticated" high net worth investors every day for fundraising for my biotech company. Most have less knowledge about pharmaceuticals than my special needs seven-year old son. These individuals would undoubtedly pass the proposed test, but they still won't have a clue.