I work at an ocio and have the cfa. So coming from that background LETFs are not something that one stumbles into. There is enough info on the web that details the advantages and risks. Reddit LETFs, boggleheads forum, and portfolio visualizer have enough discussion of risks and advantages of these products. There is a lot of interest in these products from retail following the HFEA strategy upro/tmf. From what Ive seen in online discussions people are reasonable only allocating a small portion to the strategy or larger if they are younger and following life cycle investing strategy.

Leveraged ETF's and crypto ETN's are part of my broader strategy in hedging and incrementally fine tuning my use of leverage. Retail investors and traders like myself accept the risk that come with leveraged ETF's, and it's not up to regulators to decide how much risk retail investors should take. Retail investors are capable of understanding the risks associated with leveraged assets, and don't require patronizing regulations that require a "test" or any other "gatekeeping" regulations.

Investments, even risky ones; should be available to everyone. It is ok to explain the pitfalls to everyone and make them acknowledge risks that you have explained. I use these investments to enhance returns especially if the markets are volatile.

I think you should stop trying to control every little thing in our lives. You are supposed to be working for us and not controlling us. We are capable of making our own decisions and we dont need you getting in our way. Remember we employ you.. Not the other way around.

I WANT TO BE FREELY ABLE TO INVEST AT MY WILL IN ANY PROPERTY OR STOCK I WANT

Dear FINRA Regulatory panel,
Herewith I want to let you know I Veto any restrictions in regards to trading any kind of assets in the public domain with any company offering inverse funds, high yield bond funds or any other offered funds of any kind.
I am well aware in regards to fund or stock trading for more then 20 years.
I belief it should be to the choice of an individual how, when, what to trade as long as it is nothing illegal.

I strongly oppose the proposed regualtion to limit the use of leveraged securities. I will make my own decisions on what investments for my portfolio and take full responsibility for it. I dont need government to make the decision for me.

Thank you very much.

Hello: I am deeply unhappy that regulators are considering limiting access to alternative investments. It is incredibly important for investors to have access to a wide variety of investment options. It is up to investors to understand the risk and rewards of any investment vehicles. I don't appreciate "Big Brother" to tell us what we can and can't invest in.

Used inverse ETF SDS for 10 years & plan to leave alone until market crashes & regain losses! My main investment! Obviously I oppose ANY limitation on my investment at this point since holding for the long term to regain $$$$s !!!!!

Leveraged and inverse funds have been a life-changing tool in my investment portfolio. Having access to leveraged and inverse funds has allowed me to increase gains during market rallies, as well as hedge my portfolio against multiple market corrections. I firmly believe investors such as myself should continue to have access to these valuable tools, without obstacles.