Seems like someone is really interested in keeping retail investors away from leveraged ETFs. They will allow only big boys make money. Let the poor stay poor and rich get richer.

Frankly, [REDACTED]! I don't remember reading headlines where grandma was tricked into loosing her home after investing in an EFT. The fact that my government wants to take this vehicle of investment out of the hands of "ordinary" citizens does not surprise me, but it is YET ANOTHER FACT OF FEDERAL GOVERNMENT OVERREACH!

Please continue allowing me the freedom to invest in leverage and inverse funds, without any special, government required mandates I'm aware that these are risky investments, and use them sparingly, mostly to hedge other investments or as an alternatives to options. They are an inexpensive way to get an outsized return. My broker (Charles Schwab) is very good about warning me about the risks of these investments, which is why I use them cautiously. Please allow me the freedom to make my own decisions about my investments Thank you.

FINRAs scheme is misguided because it: Hurts Investors: It could potentially deny us the freedom to choose investments that could help us achieve long-term financial security. Is Arbitrary and Unworkable: FINRAs definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used public securities. Tests or Upends Our Regulatory System: Under the long-standing disclosure-based system, investors have the right to decide which public equities, bonds and funds they want to buy.

Its not necessary to add additional restrictions on leveraged investments.

THIS IS A SHAM AFTER 40 YRS OF INVESTING.NOW YOU WANT TO CHANGE THE RULE IN THE MIDLE OF THE GAME. THIS WILL MAKE ME STAY AWAY FROM YOUR GAMES. I SHOULD BE ABLE TO CHOSE THE INVESTMENT NOT THE REGULATORS.

Instead of focusing control of smaller investors why not focus on manipulation of the market and securities by the larger financial groups practicing Short Selling. That faction ruins a "fair" market for all and is apparently legal theft and manipulation. I thought the point of "fair and equal" market rules and regulations was to prevent theft and manipulation. (?)

To bar retail investors from using their own money to invest in the funds you are proposing to be banned is an egregious violation of the free market. There is nothing that the common man should not be allowed to spend his money on. This is a thinly veiled sham to keep the millions of common people out of the market while allowing the rich to continue how they always have. The last two years have shown that retail investors are stronger than what you imagined and this is your response. Pathetic.

No body of government has any right to tell the common man what and when he is allowed to invest his earnings. We have the basic right to attain to improve our position in life. actions such as these restrictions would impose, openly call to restrict people to particular classes of society. Actions such as these would openly create a new system of castes and open aritocracy. Those things are in direct opposition to the very concept of the right to the persuit of happiness.

My financial decisions are mine and mine alone. Stay out of the business of "protecting" small retail investors, you DON'T know what's best for everyone.