this is highly illegal and unconstitutional. if you take away the rights of the citizens due to personal opinions i believe that is grounds for a lawsuit and deemed wrong. i will not be okay with this decision.

I'm writing to register my alarm that FINRA is considering restricting leveraged/inverse funds to only certain investors. This is wrong on many counts, as well as requiring classes or passing tests, which amount to hurdles for the public. Many people, self included, use these kinds of investments to increase returns knowing full well they involve extra risks. I believe we're on the cusp of a major breakdown in financial markets (& real estate) worldwide, & have invested a small portion of my assets in such a fund to help protect my financial situation.

This is unfair. We all deserve the same rights of trading than those who are wealthier. Equal opportunity.

As a private investor, who invests to provide an income and retirement savings for my family the FINRA should not limit my access to public investments.

- You should not restrict access to public investments to those that can pass a test that limits access to public investments.

- You should not set income or net-worth limits on access to public investments.

- You should not provide provide elite investors, firms, or others with advantages to increase their wealth that are not provided to the public.

I should be able to choose the public
investments that are right for me and my family, like using leveraged and invers ETF to hedge my positions when market drops like 2002 and 2008. Public investments should be available to all of the public, not just the privileged.

I not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.

Comments: I am an experienced investor that has been investing for over 40 years. I know the risks involved in leveraged investments and take precautions as appropriate.

The decision whether or not to I vest in a leveraged fund or ETF should be left up to the Individual. We are adults and only we can manage our money.

The fund/ETF prospectus give us a very clear understanding of the risks involved in investing in leveraged funds.

We do not need any more regulation on now we can invest our money. Thank you,

John Cantu

Investor as myself should have right to choose the public investments that are suitable for my and my family. Public investments should be available to all of the public, not just the privileged.

I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am fully capable of understanding leveraged and inverse funds and their risks. I do not agree that these measures should be imposed on me.

It seems clear that any regulations on investment instruments like these are strictly to deny the general public from access to investment tools, and further the division between the ruling and working class. If FINRA really cared about the people you would be investigating dark pools, selling order flows, and limiting the way that short sellers are allowed to manipulate the market. I dare say that you are just a phoney regulatory organization that is entirely controlled by the wealthy elite and in service to the wealthy elite, and I hope you all [REDACTED]

I work in the finance industry and we already endure severe restrictions in terms of how we can hedge downside risk. These include restrictions against short selling and options (have to hold a positions at least 30 days while the option loses value due to time decay).
Profunds short mutual funds are the only viable way to hedge long positions without being forced to liquidate those long positions and incurring capital gains. Please don't remove the last remaining tool we have just as we enter a recession!