I am a private investor with over 30 years of investing experience. My portfolio consists of individual companies, ETFs of various sorts and mutual funds providing a comfortable level diversity. I understand the need for investors with limited experience not to have access to leveraged funds as well as option training without some level of training so they understand the associated risks. I would hope that as regulators explore imposing requirements for this type of investing, it is not strictly made available to "professionals" or institutional investors.

I strongly oppose the proposed regulation of complex products that might include leveraged and inverse funds. The assumption that retail investors do not know what they are doing is flawed. The retail investor should be able to choose investments that are right for them and not the regulators. The investor shouldn't have to go through any course before getting an approval to trade in public securities - like leveraged and inverse funds. We are perfectly capable of understanding these funds and the risks associated with them.

Dear FINRA,

FINRAs proposal is unworkable, and harms investors the definition of complex alone is vague and confusing. It is an investors right to freely access the entirety of the public investment market without unnecessary restrictions

I am aware of the risks of using leveraged and inverse funds, since I have been studying them for 6 years. I also have a strategy to use them. I am not risking all of my portfolio, but only a very small percentage, which doesn't impact my long-term investments. Using leveraged and inverse funds are important for my strategies. For these reasons I do not need these measures that are being imposed on me.

I don't want my rights to invest in leveraged ETF be limited under the pretext to care about my ability to make my own decisions. I am a mature adult who understands the risks related to making financial decisions to invest in such a funds.

I should be able to choose the public investments that are right for me at my own risk. I understand the risk, and am willing to take the risk. I only put a small amount (<10%) in this type of investments. I do not wish to go through any special process like passing a test before I can invest in public securities, including leveraged and inverse funds.

I have learned of your proposed new restrictions on my ability to purchase leveraged ETF shares. This is a mistake. I need to be able easily to use that kind of vehicle. I have used those for years without any problem. When the tape has gone against me I have had no problem accepting responsibility for those losses. I do not need to be protected by the government. Thank you.

Do not allow this to happen, we all have a right to invest and educate ourselves. We dont all have the means of higher education!

There is no need to start regulating leveraged ETF's. Each and every person should be able to trade what they want at their own risk.