I am an accredited investor, and I am asking you to reconsider restrictions on leveraged funds. My investing expenses would dramatically increase due to destruction of liquidity. I can move to options or other products but again they are more expensive. The proposed change increases investing costs for anyone making sensible portfolio choices. Leveraged funds are a powerful tool when properly used as a part of a larger investing strategy. If investor education is felt to be inadequate, provide education by making the contents of the form prospectus painfully obvious.

I strongly oppose restrictions to my right to invest and not the regulators to tell me what t do with my investments. Public investments show be what they are supposed to be : PUBLIC without going through any special process to invest in public securities. I don't need any permission what securities to buy

I trade the leveraged funds, like I would trade options trading. I am allowed to do that, then why not this. Also if I am not allowed to buy, what will I do with all my holdings which amount to more than 1000,000 USD when I will not be able to sell them either. This is not legal. You will need to put these regulations in place only after giving enough notice for unwinding my positions. This will cause a major market shift and a complete distrust in open markets. I am completely opposed to this regulation.

Leveraged funds are a stalwart of my investment strategy. If these are no longer available I will lose my ability to invest. These give a means for the small investor to have the ability to make income when the market is in a bear position. They also give a non-positioned way to income off a bull position as these are non-specific ways to invest in a diverse market. They simply follow they S&P or DOW index in a positive or negative way. They are leveraged for a way to get in and out in a short term to make profit. If these are gone, I will be liquidating everything.

Limiting access to leveraged and inverse leverage ETFs based on the criteria mentioned by FINRA is another move to suppress low and middle income investors to a path to generate significant wealth. The current securities market has been very volatile across the spectrum of investors from retail to institutional. All securities from small cap to mega cap entail risk that investors need to understand. If a test of understanding is required for leveraged products then there should be a test for investing across the range of investment products.

To whom it may concern,

I wish to retain the freedom I have to invest as I please without any federal Big Brother hanging over my shoulder. We live in the United States where we are supposed to have a free market.

You have no right to limit people's investments. As long as the funds make full disclosures, you have no right to limit anything. Your proposed action is clearly a violation of HUMAN RIGHT, people's right to choose!!!!

You should spend your time regulating the real problems bitcoin!!!! bitcoin has absolutely no protection at all.

Consumers need choices, and leveraged and inverse funds should remain part of those choices.

You (the Govt) does not have any right to limit or restric my investment decisions. This is unconstitutional and you have no such authority. Leveraged investments are part of my investing now. What would you do, FORCE ME to sell my investments at an inopportune time. If you would do such a thing, you will be liable for any investment losses you cause as well as missed opportunities for higher returns.