OPPOSE REGULATIONS!
OUR GOD GIVEN RIGHT TO INVEST FOR MY FAMILY AT MY DISCRETION AND NOT BE REGULATED WITH WHOM NOR HOW! NO EXCEPTIONS!

I oppose the regulation to disallow trading in leveraged and inverse funds in a brokerage account. I do not have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I understand the risk associated with those investments and I willing to take those risks.

I have done my own research and am aware of the risks and benefits associated with leveraged ETFs. I currently own such investments so that I can leverage the midcap class and I plan on buying more on my own accord in the future. I will be less inclined to engage in these strategies if I am limited by a regulator with regards to which funds I can purchase.

Cryptocurrencies are as important to the economy as the stock market. Anyone who can have a stock portfolio should be able to buy cryptocurrencies.

These types of funds actually reduce risk for retail investors who wish to short the market. Conventional short-selling's losses are theoretically infinite while trading inverse funds ensures you only lose a fixed amount of capital.

PLEASE DO NOT LIMIT MY ABILITY TO INVEST IN VEHICLES THAT I FULLY UNDERSTAND WITHOUT HAVING TO GO THROUGH SOME CUMBERSOME PROCEDURE THAT COULD PREVENT ME FROM ACTING IN A TIMELY MANNER TO TAKE ADVANTAGE OF CURRENT MARKET CONDITIONS. WITH INVESTMENTS, IMMEDIACY IS CRUCIAL TO PROFITING IN A TRANSACTION.

FINRA's entire concept of restrictions for leveraged and inverse funds and dozens of other popular investments deemed to be complex is totally un-American and smacks of nannyism at its worse.
No one is forced to make any of these investments and some people are more risk averse than others. Investors should know their own limits.
Sports betting or casino gambling have risks too, but no one is forced to show any knowledge or horse racing, or attest to a sports team knowledge before placing a bet.
Several rules of thumb to follow prior to investing:

Please allow everyone the same right to decide what types of risks and benefits they are ok with. Don't just allow this for super rich. Don't need to prove ourselves.

Sirs: As an investment advisor with over 35 years experience, please accept this message as my opposition to regulation changes being considered regarding Inverse and Leveraged ETF's.

It is my belief that the advisor and/or the investing public should have the right to make investment choices for their accounts. Not the regulators.

As an experienced advisor, I believe I am capable of understanding leveraged and inverse funds and their risks therefore do not believe additional public securities tests are necessary.

all stocks are risky by nature.