please allow leveraged ETFs for seasoned investors that use these ETFs as a hedge against stock market drawdowns

It is nakedly clear that the only group you stand to protect is the establishment who have a vested interest in the traditional financial markets going up and to the right indefinitely. However, as the government inflates away the value of our savings the only people who stand to gain from impending crashes are the already wealthy. Your arbitrary barriers are clearly designed to favor the wealthy and guarantee that the small time investors savings are ground into dust by minuscule returns.

No regulator should tell me what I can or cannot invest in. Public investments are not a vehicle just for the privileged.

I have read and understood enough.
oppose restrictions.

Please do not restrict my ability to o invest in ProShares. they are a major corner stone to by future and my families future. Yes we understand the risk.

I oppose restrictions on my right to invest. Stay out of my business. I am fully capable of making investment decisions without the interference of government bureaucrats who have no idea of my life and what I can an can not do. Americans aren't stupid. Leave us alone to do as we please with our hard earned money. We have no need to pass some test simply to invest in public securities. Again, I am fully capable of reading and comprehending my investments and associated risks.

Regulating my right to invest in public investments in any way is akin to the Jim Crow laws. My gains or losses in leveraged funds is not FINRA's concern. Brokerage houses do an excellent job at warning of the risks involved with investing as well as offering tools and educational resources. Private citizens, regardless of wealth or education, should NOT be impeded in ANY WAY from investing in public securities, leveraged, inverse or other.

I appreciate the opportunity to comment on this proposed new rule/regulation.

I have held ProShares in one of my portfolios since early 2016. Symbol USD. This investment is up 742.06% and has split once 3:1 which tripled my shares. It has performed well in up and down markets. It has enhanced my returns in this portfolio. Here is its annualized returns 3yr 57.05%, 5yr 44.12%, 10yr 36.42%.

I understand leveraged and inverse funds and their performance characteristics/risks.

I am horrified and appalled that such a scam would even be suggested. There are trillions of dollars invested in leveraged and inverse etfs. In a bear market the inverse funds are the only things going up, as well you know. You cannot manipulate the market higher by effectively banning short selling, which is what this does. It will not work. As for me, if you institute these rules or anything like them, I will close all brokerage accounts and never have anything to do with any of you again. EVER.