I am against added restrictions to my ability to buy and sell complex products and options. As an adult, I am capable of understanding the risks involved and can judge for myself my desire for these types of products. It has never been easier to gather your own research as a retail investor than it is now, and I condemn further regulations that only attempt to fence off my ability to invest.

Retail investors are becoming more and more skilled, even as people have begun to invest from less traditional backgrounds. Requiring testing or other requirements prior to allowing investment in certain investment vehicles and products would effectively shut out many retail investors, particularly investors that are from non-traditional investment backgrounds.

PLEASE...Do not punish educated investors by enacting the severe regulations which you are proposing in regards to inverse and leveraged ETFs. I have used these very successfully for many years. They compose an integral part of my investment strategy primarily as a volatility nuetralizer and as a hedge against downside risk. To date, I've successfully avoided punishing 2022 loses- primarily due to my use of these vehicles!

public investments should be available to everyone

The use of this these leveraged products has allowed my account to have excellent returns over the last many years from 2008 until now. I have only used the upside 2X leverage products and received very large returns, 1500% to 3500 % returns from 2008 through 12/31/2021. Yes there is high risk in these products unless they are used properly. So, what is proper use. If the products are only used when the markets or sectors are down 15-40% or more, the odds of the upside become much greater.

Response to the Financial Industry Regulatory Authority (FINRA) proposed rules on leveraged ETFs Leveraged ETFs may be volatile but it is not more volatile than many individual securities. In addition to uncertainties with individual stocks, Investors are able to allocate the use of leveraged ETFs to diverse their assets to fit their risk tolerance against the effects of a volatile and uncertain market. . Placing restrictive rules on leveraged ETFs makes no more sense than putting rules on individual securities that are as volatile or more volatile than leveraged ETFs.

Please do not impose restrictions/regulations on retail traders to invest in the market.

Using inverse ETF's is easier for me to follow than going short.

Once again the freedoms afford by this great nation is being stripped away by those who think they have the right to tell me what to do with money I have earned through my efforts. I believe FINRA should leave things as they are, so people can make their own financial decisions.

I oppose restrictions to invest in leveraged and inverse funds and ETFs. I have an MBA in finance and understand how the inverse and leveraged fumnds work. Inverse funds are an important part of my investment process when the market is trending down. I use leveraged funds in strong uptrends and in strong downtrends. I am currently using leveraged inverse funds as a hedge to my long investments.