It has come to my attention that there maybe regulations imposed on investors who invest in Inverse ETF's. I am a very small investor. My account size is less than $50,000. However, I use these ETF funds as a counterweight to my 401k investment accounts and other investments.

I an a average Joe Trader and Have been trading for over 40 years. I don't need the government telling me what I can or cannot trade. the governments job is to keep things fair for everyone also make sure the the average trader has the same data and info as the professional traders.

Thank you for your time

Leveraged products are a useful, and even vital, tool in creating a portfolio to weather volatile markets in a high inflation economy. Restricting access to them, especially now, and reducing investor choices only makes the environment for investors worse. If such leveraged ETFs are unavailable, investors may have no choice but to take on significantly more risk (and at higher expense) by creating their own equivalent synthetic positions with puts and calls. Most passive investors have neither the time, resources, nor expertise for that, but they will try anyway.

It's absolutely ludicrous to try and take away from the individual investor the ability to access leverage in (arguably) a safer way than using margin loans. If institutional investors have access to total return swaps, retail investors should have access to leveraged ETFs. If people make bad decisions and lose money, at least they're only damaging one life. Not the millions that institutions damage when they borrow money and make bad choices.

I should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.

I use the ETF TQQQ as a predominate piece of my portfolio in combination with its underlying options. I understand that our government would want to protect it's citizens against a product that could do harm, especially in an exponential way. Any product with inherent danger that is misused will cause harm, exponential or not. Let me give you an example. Let's say someone invested their entire 401K into an an index fund, as an example, QQQ. A prudent investor would hold, collect dividends if available and sells calls against their position.

I as a investor should be able to choose whichever stocks or funds I see fit. I research my investments and understand the risks. I do not believe passing a test before I invest is unfair and don not need anyone to hold my hand when coming to my portfolio.

The USA is supposed to be a free country without burdensome regulations. Do not try to take away individual liberties. We already know the government as a whole is scum; what remains to be determined is whether you, the bureaucrat reading this, is any better.

Do not come in the way of investments. You already get your bribe from every transaction.

That is simple, they are my money not regulators. I don't tell you how you will manage your money. So let ME decide what to do with my money.

Dear FINRA Regulators,

In a free country, is it not the people, rather than unelected regulators, who get to decide what to do with their own money? That's what living in a free country is all about: individual liberty AND personal responsibility. In the market place, this plays out as the opportunity for reward and the possibility of risk. Virtually every trader knows that they may lose capital. That's their responsibility, not yours.