Please know I have been managing our (married) investments for approximately 15 years. This was after I fired our broker as their investment strategy did not produce the returns expected and the fees were excessive. Since taking control of our investments we are on track to retire in very good shape. This would not have been possible relying / paying others to manage our accounts.
The amount of resources available today to educate, help, monitor, manage ones own investments are truly amazing.

From my understanding, public investments should be available to all of the public, not just the privileged. This is my right to choose and invest all types of public investments as I want to, not being forced to invest on the selected section of the market.

I shouldnt have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I have observed and traded ETFs actively and I know the mechanism about how does it reflect the market trend and I do not need these measures imposed on me.

Leveraged and inverse funds are important to your investment strategies.

I am the portfolio manager for a $280 million dollar RIA. But I am also an individual investor who is growing increasingly concerned about the regulatory creep which aims to impose additional restrictions on retail investors. There has been a long history of gatekeeping investments in the US, where only the very wealthy have had access to the full range of investment options. I have been pleased to see some democratization in the space of alternative assets in recent years.

There is no logical reason to change retail investor's ability to purchase any ETF as long as it is paid for in full and not on margin.

It is unfair for FINRA to over regulate retail traders more than they already have. It is our own money to invest how we see fit and should not be regulated by a governing body that assumes we do not have a basic understanding of market fundamentals.

Don't prevent me from investing in leveraged and inverse funds.

Do NOT limit my ability to invest in leveraged and inverse funds in ANY way! There are already enough hurdles in place for the lay investor such as the $25k needed for pattern day-trading among others. I found these funds recently and they are exactly what I was looking for in my investment strategy. I research what I do before I undertake an investment. I understand the risks. ANYTHING is risky without proper money management. Please do not cut this leg out from underneath me. I should be able to make my own decisions as a free American.

Leveraged etfs give retail investors access to the same kind of lending rates that institutions have. I understand that there is a concern that retail investors will overexpose them deserve. However, a better approach would be increasing the amount of disclosures that retail needs to make before trading leveraged etfs, not banning and liquidating leveraged etfs. Moreover, many retail investors use leveraged etfs as instruments to hedge with in complex strategies.

Do not do this!