I oppose the restrictions to the rights of my investment as a normal individual, as thousands of other people in this country. It poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.

Leveraged ETFs are no more risky than options and can act as risk reduction and diversification as part of a larger strategy.

Allowing investors to buy single stocks is risky as well, why not ban buying those to protect investors?

It's ludicrous to expect return of any kind without risk, that is the name of the game.

Above all, people should be free to make their own investment decisions.

Comments: Why are you wanting to take away a tool? These tools level the playing field, don't take the

Finra would be better served finding a way to stop unregulated shorting of many securities in the US markets. This action against Leveraged and Inverse funds inhibits a hedging mechanism that is useful to individual investors.

I have been investing for 48 years for my own account and am fully capable of understanding leveraged and inverse investment strategies and think that they are an important tool that I occasionally use and have used in my investment career. I do not believe that a person should be required to go through any special processing or testing before you are allowed to invest in these type of securities, nor do I believe that any regulators need to impose these measures on anyone.

I understand the risks of investing in leverage and inverse funds. Regulation has a place to protect investors, but measures like this would put individual investors like myself at a disadvantage. During the financial crisis of 2007-2008 I invested in long leveraged index funds and it has been one of my most successful investment decisions to date. I can say that my financial situation and security would be drastically different if I had been unable to make that investment. Please do not restrict my ability to invest in these securities.

I should be able to choose the public investments that are right for me and my family. Leveraged investments should be available to all the public not just the privileged. People understand the risks of investing in these ETFs.

I shouldn't have to go through any special process like passing a test before I can invest in public securities like leveraged funds. I am capable of understanding leveraged and inverse funds and their risks. I DO NOT need these measures imposed on me.

I use leveraged and inverse funds to hedge current investments I have. So I use TBT to hedge my bond exposure in my 401k. I'm an investment professional and want access to these funds in my personal accounts. Thank you for your consideration.

I would like to retain my rights to invest in the type of investment vehicles I choose. I believe I understand these types of investments and would like to use them when I chose to do so. In particular I would like to use an inverse ETF vehicle when I think the market is going down.
This gives me the option of buying an ETF like a stock when I think the market is going down. The alternative is to use an option which I feel is more risky that the inverse ETF

Please do not take this right from me

Best Regards

Michael Santoro

I oppose these proposed rules because I, not regulators, should be able to choose the investments that are right for me and my familys future.