As a registered FINRA member, I am unable to have brokerage accounts anywhere other than my place of work, which doesnt allow crypto trading. This is my only options to be in this market.

This restriction would be outrageous! Don't do this.

I strongly subject to regulators determining how and where I should be allowed to invest my own money. I have 4 college degrees, 2 bachelor degrees 2 masters degrees including an MBA. I run $100 million multi state company managing an endowment in excess of $50 million. It doesnt seem necessary or appropriate for regulators to make a blanket determination that personal investors should be required to pass tests and seek permission to engage in the legal act of spending and investing their money the way that they choose.

Leveraged EFTs are an important part to my portfolio. With them I am able to carefully gain exposure to the market at a reduced portion of my total invested capital. They make it possible to make use of leverage without going into debt. This is a great product that while risky is far less risky than an individual going into debt to achieve the same effect.

Enough of this Nanny State regulation! Anyone investing in inverse and and leveraged funds knows they risk losing money the same as there is a risk with most investments. My biggest losses have been to taxes, sleazy lawyers, and government corruption over the years. Regulate the banks, brokers, lawyers, judges, Federal and local governments if you care about making life better for the average citizen.

Investing in Leveraged ETF's allows me the ability to gain more exposure to specialized funds and increase ROI. Since I don't have huge sums of money invested, I can achieve the desired outcome using these funds which offer me more flexibility over using a broker. I don't see any reason for investors to have to take a test since we are investing in Fund Managers to do what they do best.

I own a RIA firm and I use leveraged ETFs for myself and select clients within a globally diversified portfolio. I've gone through a state exam to fully understand what risks should be disclosed to my clients and I've worked extensively to educate my clients on the use and risks of leveraged ETFs. I've effectively used leveraged ETFs and hold them for multi year time periods in my portfolio for the past 10 years.

So first you restrict average people from utilizing options, trying to get them to jump through hoops and meet net worth requirements. (i.e. you can only play and protect your financial assets if you're already rich so that you can get richer). Then you don't let people participate in CFDs or other regular leverage utilized still by rich institutions and also the rest of the globe. But screw the average American, let's make sure they stay poor I guess and the rich get richer?

If you know how to invest in these larger funds and heavily traded indexes, you probably have learned enough to know the risks and rewards from doing such. There is already many mentions if you're getting into a riskier investment. The focus for FINRA should be maybe helping high school students learn about investments. Not helping people that already have a good knowledge of it be restricted.

Time energy and effort is best used elsewhere. I respect FINRA and what it does, however, this seems to be looking for a problem that isn't there.

Most securities require the buyers to exercise due diligence. Whether a publicly traded company or ETF, each individual has the obligation to be aware of the risks.

Increased regulation will only add greater burden to brokers, which the consumer ultimately ends up paying. These leveraged funds have enhanced my trading strategies and made me a better investor. They have provided me with decent returns and have increased my knowledge of the situational market conditions at a glance. They do serve a public service.