There are many securities that are highly volatile. People legally invest in penny stocks and crypto currency. Why were these ETFs singled out? They serve a real purpose. I have used them personally to address or hedge broad market positions and commodity positions. I think it is up to the investor and their advisors to select appropriate investments.
I suspect more harm has been done to investors in securities such as Netflix and others that have huge sell offs than has been done by all of the leveraged and inverse ETFs.

This regulatory change further exacerbates financial disparity in access to investment vehicles based on high and lower income earners. Consumer safety is important but not at the expense of force limiting options for investment. Whats really needed is stronger financial education, accessible regardless of means, which provides more opportunities for everyday Americans to build wealth based on their commitment to building out their financial acumen and equal access to the markets.

Inverse and leveraged funds are important to my portfolio.
I should be ble to invest in whatever I want.

I would like to choose the investment myself and should not have to have to test.

We should be able to choose the public investments that are right for us and our family.
Public investments should be available to all of the public,
not just the privileged.

I am a long time investor of Inverse leveraged ETF's. The decay risks are well understood and they are an important part of my portfolio, especially in hedging risk. It is my right to choose how to invest my money in these funds and I do not need the FINRA making more ridiculous rules to protect me from myself or creating additional barriers to freely move into and out of these funds at my choosing. Maybe you should focus your time on BITCOIN and it's risks and leave the ETF investors alone.

me 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.

Leave things be, please no changes.

Leveraged ETF is very important for my investing strategy. You cant deprive the investing right for retail investors!

I have been trading TQQQ and UPRO for over 9 years. It would be ridiculous to eliminate this ability or require additional proof of my abilities. My successful strategy has ensured I have made 100% of my trades for a gain. I have made many hundreds of trades in these funds over the years. Please do not change my access. I currently have nearly 30,000 shares of these funds and do not want to sell them at a loss. i.e. I would have to sue if forced to sell at this time.