You are closing the door to financial equity for smaller investors. Cutting the wealth ladder below you so that none may climb it in the manner that you and those before you were allowed.

let me decide what is best for me

I oppose any regulations that restrict my right to invest how and when I wish. When I invest my own money- I should have the right to choose any public investment that I deem appropriate, regardless of my net worth. I should not have to be submitted to any special processes to access public securities such as leveraged and inverse funds. I am an educated individual and perfectly capable of understanding the types of investments I am choosing and their associated risks.

I wish to express my opposition to considerations by FINRA to restrict rights to invest in leveraged and/or inverse funds and other investments considered to be "complex".

With over 30 years of investing experience and formal credentialing (CFP), I consider myself fully capable of understanding the risks of investing in such funds.

Leveraged and inverse funds are an extremely important element of my personal investing strategy. Rather than a risk, these investments provide me a critical tool to REDUCE my risk to market volatility.

I understand you are considering passing a bill to limit my ability to invest in certain funds. I am against any bills that would limit that ability. One of the restrictions would be on leveraged funds for which I have several. Your restrictions will cause them to loose great value and that is not something I want affecting my personal wealth.
I understood the risks involved before I bought them but you restricting them were not one of the risks I took.
Thank you
David Saxe

Hello. I believe I personally should maintain the right to select the public investments for myself. In addition, I shouldn't have to submit to a special process such as passing a test. I am knowledgeable regarding leveraged and inverse funds and I do not deserve these regulations imposed on me.
Thank you for your consideration.

I have a high net worth and significant knowledge of investments and currently invest in leveraged funds. I passed the CFA level I test without any study or preparation for it. I do not see any value in requiring me to pass a test or go through a cooling off period before I invest in leveraged or inverse funds.

I think people should be free to invest how they see fit.

This is an infringement of our investment rights.

While I do not extensively use leveraged and inverse funds I do on occasion use these types of funds at time on limited basis for example I am currently using the TBT, leveraged and inverse, fund along side the TLT shares that I currently hold to reduce the need to exit my position in TLT to collect the monthly dividend and minimize the loss in the value of the long position of the bond during the current cycle.

I would like to continue to use such an inverse, and in this case a leveraged, funds (ETFs) as part of my investment strategy.