I am taking this opportunity to respond to your potential limitation to using leveraged ETF's. I am a big boy and want to have the ability to use leveraged ETF's. Why is that any different than using margin with stocks. I also understand the contango component of leveraged ETF's. There was a study done by Barron's a few years ago and several leveraged ETF's were at the top of the list even for longer term which disproves the opinion by FINRA that they do not work for the longer term. FINRA is TOTALLY wrong on that assessment.

I've passed the finra series 65 exam and understand the risks of investing in leveraged funds. I only invest my employer match into risky assets and keep my own saving in market funds, this is an unreasonable restriction on retail investors.

I have found it to be beneficial to invest in inverse leveraged funds at times that there are extreme over bought or over sold make t conditions.

Dear Sir/Madam,
I understand that FINRA is considering implementation of restrictions/rules which might impede my ability to invest in leveraged and/or inverse funds. As a small investor, these financial instruments allow me to diversify and/or hedge my portfolio with a great deal of efficiency. Please do not place any further restrictions on the trading in these valuable trading tools!

Dear FINRA, I am concerned about the potential changes that could affect my ability to purchase leveraged and inverse funds. I am an ardent supporter of the general public having access to the funds without the need to make these purchases though privileged brokers. I am well aware of the limitations and risk involved with these funds. The process that is being considered to make these purchases available to me are excessive and unreasonable. I currently have these funds as hedges for my portfolio and I consider it a tool for me to continue being fully invested in the market.

I will be 82 in July and have been investing for 58 years. I dont need or want your nanny supervision. I use leveraged ETFs for aggressive speculation and for hedging in my roll over IRA. Is there really a problem here? This looks to me like an effort to expand your government fiefdom by exaggerating the need to rectify an injustice that is either trivial or doesnt exist. With 30 trillion in public debt and untold additional future obligations, working to reduce government expenditures would be a true service to the long term wellbeing of Americans.

Dear regulators. Please keep theseinstruments available . I find them invaluable when used properly

I oppose the restrictions to my right to invest! Im the one but not regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. I know what Im doing and Im the one who takes all the risks. So I dont think I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I understand leveraged and inverse funds and their risks. and I do not need these measures imposed on me.

Unless future tradings for retailers and institutions likewise will be banned all together, I dont see why leveraged and inverted ETFs should be shunned for the retailers alone. At least the losses of an ETF is more controllable.

I wish to keep my right to be able to buy leveraged and inverse funds and other popular investments. If it is too complex for me than I can decide on my own. I do not need FINRA or any other government agency to hold my hand. Thank you very much.