Sirs: As an investment advisor with over 35 years experience, please accept this message as my opposition to regulation changes being considered regarding Inverse and Leveraged ETF's.

It is my belief that the advisor and/or the investing public should have the right to make investment choices for their accounts. Not the regulators.

As an experienced advisor, I believe I am capable of understanding leveraged and inverse funds and their risks therefore do not believe additional public securities tests are necessary.

all stocks are risky by nature.

You not regulators 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 very much oppose regulations/limitations on retail investor ability to purchase and trade leveraged and inverse funds!

Trading inverse funds or leveraged funds has pros and cons and is a staple in a traders portfolio to hedge correctly in times of high volatility. These are high risk funds which carry plenty of risk to traders already. There is no reason to ban the trading for non regulators.

It is extremely bothersome to me, given the overall facts. I am doing what is right for our Country, and you are wanting too now tell me when, and how I can spend my own investments ?

My entire Global Business Portfolio Strategy is focused on every single Investment Class Listed. Given the overall facts, I am already going to be fac as it relates too taxation

I have been licensed with the FINRA for over thirty (30) years. The advent of ETF leveraged, non leveraged, inverse, and none inverse have been of great service to the investment community of professionals and nonprofessionals.

I am encouraging you to increase the accessibility and availability of the entire variety of ETF products to the entire investment community without added regulations.

Its ridiculous you guys wanna control what the small investors can invest in. All in while allowing the big brokerage firms to do whatever they want. You should be worried about how the big firms and not what the little guy wants to invest in. Using leveraged and inverse investments allow the small investors to protect themselves from market downturns but as usual youre more concerned with protecting the big firms and Wall Street

Please allow unrestricted availability of leveraged in inverse ETF's. Many private individuals are choosing to manage their own retirement and investment funds. These instruments provide hedging and seasonal positioning according to market conditions. We simply believe that a hired professional would not put as much attention into the changing market environment as we do. Furthermore, even if the hired professional wanted to, his financial choices are restricted to the approved fiduciary set of narrow options.

The people have a right and the freedom to purchase whatever investments they wish to if they are sound and capable of doing so. FINRA's attempt to regulate the purchase and sale of cryptocurrency is a disgusting example of bureaucratic overreach designed to hold everyday investors back and consolidate control over a valuable asset which has helped financially transform the lives of many individuals in the hands of the elite.