I was under the impression that government's financial regulations were put in place to protect the public. I trying don't understand who FINRA is protecting by creating these regulations because it's definitely not me, the average net worth financial investor/consumer. From what I've seen so far, these regs will only make it substantially more difficult on people like myself.

To whom it concerns, the idea that you would restrict certain types of investments to just an elite class of people is completely absurd to me! I should be able to choose the public investments that are right for me and my family! This is MY MONEY and I should always have the right to decide where I want to invest that based on what I believe is in my best interest.

I am perfectly capable of trading inverse and leveraged funds, because I manage my portfolio and find them useful in making money. They are no more dangerous than call or put options.

I should not have to go through another bureaucratic process to trade my own account.

I don't understand how you can decide to limit investment opportunities on leveraged funds that I have bought for over a decade. This is absolutely insane. I know what I am investing in and have done well for over 20 years. It is disgusting that you would try to limit my ability to invest in something that I know well and are important to my investment strategies. These are legitimate investments and I should not have to prove anything to invest especially when we live in a country where freedom to invest is a right.

Once again, I have been Informed by ProShares that further restrictions are being considered on leveraged and inverse exchange traded funds. As I stated previously, these are among the best vehicles available in the market. I have made my living as an individual investor since February 1980. As I also stated, I have now used these vehicles for more than a decade and they have been consistently profitable in total. They are even more valuable in the current environment when there few opportunities to hedge current holdings or to seek profits.

I should be able to choose the public investments that I consider are right for me and my family. Public investments should be available to all of the public, not just the privileged. Gatekeeping such instruments only create more wealth gaps and harms me and my family.

I want to be free to buy and sell as I please. It is my money and I do not want any restrictions in using it.

The right to invest is critical in this time of unprecedented inflation.

I am writing to express strong opposition to new rules that would further restrict investment of leveraged and inverse funds.

I have used these funds simply to protect my existing investments in the stock market. I know financial advisors who also do so. Already there are checks and balances in place in Ameritrade for trading these funds.

No further restrictions should be added.

The rule would unfair, the products provided make known their risk and reward. Relatively with other exchanges 3x is smaller compared to the British with 5x leveraged and with the Koreans up to 10x leveraged.