Most securities require the buyers to exercise due diligence. Whether a publicly traded company or ETF, each individual has the obligation to be aware of the risks.

Increased regulation will only add greater burden to brokers, which the consumer ultimately ends up paying. These leveraged funds have enhanced my trading strategies and made me a better investor. They have provided me with decent returns and have increased my knowledge of the situational market conditions at a glance. They do serve a public service.

I do not believe FINRA should remove our access to leverage ETF products. Brokers and companies like Direxion and Proshares provide an ample amount of warnings, disclosures, and educational material to advise the level of risk undertaken. It is and should be our right to maintain our decision to use these products within our investment strategies.

Let America be free. We need to invest the way we want to.

I believe, having once invested in these funds, that they are not useful vehicles for investors. They are trading vehicles and should come with a big notification of such. They do not perform as one night expect and therefore should be closed out. Any trader can accomplish the same by either shorting the index outright or using derivatives.

To whom it may concern. Leveraged and inversed funds are an important hedge in any stock traders bag of tools. Without them, traders could be left without important hedges. Charlie Munger of Berkshire Hathaway recently said; 'We have people who know nothing about stocks being advised by people who know even less.' He is correct in the implication is that if you're going to regulate who can use leveraged and inverse funds, you should regulate ALL consumers who trade ALL stocks and mutual funds.

First I oppose the restrictions that you are considering on the ability for me to invest at my discretion. I do my research and make decisions with my broker on my investments. There are times I just want to put my money (that I saved from working-again my money) into a fund or corporation that I have interest in supporting and believe in their success. No more regulations.

It is important for me to invest as I please. Leveraged investments are part of my portfolio, and I do not want that decision taken away from me. As it is a public investment it should not be placed out of my reach.

As a retail investor I adamantly oppose any limitations to being able to invest in inverse funds,

I reject your excessive oversight restricting my unimpeded right to invest in leveraged and inverse funds.

I oppose this regulation because it limits my public investment options that fit within my risk tolerance. I am capable of making my own strategic investment decisions without the government imposing limitations. I understand leveraged and inverse funds and associated risks and do not think I should have to go through a special process or test before investing in these types of public securities.