Dear FINRA officers: I am a small individual stock/ETF investor, and I would like to share my opinion with you about the opportunities to trade ETFs, including those leverage and inverse funds such as my favorites: TQQQ and SQQQ, etc. Both of my funds and experiences are limited, but I still benefited from trading ETFs in the market. I understand the risks it may involve in trading, and I don't see anything particularly different between, say, QQQ vs. TQQQ/SQQQ. They all involve some risks, and I know I must be responsible for the resulting risk.

Leveraged ETFs especially on broad indices such as SP500/NDX100/US-Treasury are much better way to adjust risk reward tradeoff.

1. Such ETFs are LESS RISKY compared to Call/Put Options in which investors usually loose money due to time decays.

2. Such ETFs are also a much cheaper way to achieve leverage instead of margin accounts/interest.

3. Leveraged ETFs are much more efficient than Call/Put options which have much wider bid/ask spreads

Please consider my voice not to restrict and prevent trading the Leveraged ETFs for individual investor like me. This is totally unfair and heavy impact for me. Please do not apply any restriction or prvention.

Please do not limit my ability to trade leveraged securities. I have sufficient knowledge to understand these instruments and make my own decisions. Despite the fact the the market fell significantly this year, I still believe that these instruments can provide very attractive return.

STOP trying to limit the average person from making investments !!!!!!!!

I oppose the regulations being considered by the Financial Industry Regulatory Authority. I have the right to choose which public investments I want to invest in. This should not be taken away to benefit only those with high net worth or a privileged few. I do not believe any process needs to be implemented in order to invest in leveraged and inverse funds. I already use them as important investment strategies to hedge other stock holdings and to realize better returns.

I oppose the regulations. We are Free to trade in US.

Leveraged and inverse funds are important to my investment strategies. I use them to hedge my investments and seek enhanced returns. They are a limited part of my overall portfolio.

I have used leverage to enhance my portfolio gains. I also use them in my retirement account. To eliminate them would be a big disservice to investors. Leverage works like any other investment, whether its commodities, metals or even bonds. Please dont impose your thoughts and try to regulate all investors with one stroke. Im capable of understanding the risk Im taking with leverage both regular and inverse. Sensible use is key. So please dont put these restrictions in place.

I have been using and relying on leverage and inverse ETFs to manage my and my families accounts in regular and retirement accounts for decades. The results have been either the same or better than standard mutual funds and have beaten the S&P average on a number of occasions.
A change to the current regulations would potentially negatively affect my investment strategies and family wealth management performance.
I am against any changes in current rules concerning any of these investment tools.
Thank you for your consideration.