Dear FINRA:

I am opposed to the limitation of limits in the purchasing of leveraged and inverse ETF's.

Most sincerely,
Stephen F. Condren

I use this product all the time in my portfolio. I believe everyone should be allowed to use them.
Do not take these away from the retail investor.

I oppose this Regulation

The current safeguards in place to make investors aware of the risk of leveraged investments are currently sufficient. Any requirements to demonstrate a certain net worth or adding additional barriers to the investment process will hurt individuals' ability to invest and create further inequities in terms of who has access to particular securities.

I am angry to learn about potential limits of my ability to trade any public security. Leveraged and inverse funds allow me to better manage risks and liquidity in my portfolio. They also offer the ability to trade in smaller sizes than typical futures contracts. Being able to short something without having to adjust exposure daily is a massive benefit for investors. You can't naked short something without worrying as the price goes up that the position is getting too big. Requires constant monitoring. However, geared long and particularly short funds do this automatically.

I oppose the regulation

Disclosure requirements are fine, but restricting public access to investments is just not equitable. Punishing the little guy is unnecessary, unfair and discriminatory.

I am perfectly capable of making the right investment choices for myself and have been doing so for sometime. I immensely enjoy trading and investing. Leveraged ETFs, play a small, but important role as part of my total investment strategy. In fact, pulling the plug on their use at this very point in time in a bear market could cause irreparable harm to many investors. It is just the wrong approach.

I oppose the restrictions on the rights to invest. The proposed regulation is discriminatory. It gives an unfair privilege to the rich giving them the ability to grow their wealth at an increased rate, while leaving the poor with limited choices. This is discrimination in its ultimate form, and it should not exist. Further, it deprives investors of their basic rights to invest.
Leveraged funds are an important part of my portfolio and help me optimize my investment strategies.
Please do not introduce this unfair and potentially unconstitutional regulation.

It is unfair if institutional can easily get leverage. Regulators can ask special test for the individuals. Dont kill a free options for individuals in the name of their own benefits. That is not American way.

Taking this away will not in any way save people from risk. Leveraged and inverse funds are like any other and should be made available to all.