Comments: I read the FINRA document and as a 30-year veteran of the financial services industry and held numerous FINRA registrations and licenses throughout my career I find this document to be a gross overreach of government regulation and intrusion into my personal financial decisions.

FINRA needs to be focused on educating investors, requiring adequate & appropriate risk disclosures and the highest levels of transparency by brokers and funds.

I am fully aware of the risks of investing in leveraged and inverse funds. I am on a long-term strategy and plan to continue to invest in these ETFs in the future. Please understand that is unfair to prevent me from investing in these ETFs in the future at my own risk.

It is alarming that FINRA wants to prevent me and my family from making money using leveraged ETFs during this current market cycle. I am able to use these funds such as SQQQ to hedge my portfolio during the current volatility. This has prevented my account from being negative for the year. I have also used some of the commodity funds to take advantage of the rise in oil prices. I am not a wealthy person and would likely not qualify for a minimum balance.

I should be able to choose the public
investments that are right for me and for my family.
Public investments should be available to all of the
public, not just the privileged.

I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.

Too many regulations inhibit an investor from exercising his/her right to a stable and fair playing field. The market will regulate itself. it always has and always will. We don't need anymore government intervention.

It is important to me to keep access to leveraged and inverse funds unhindered. Please do not add any regulations, requirements, or restrictions to the use of these funds.

Comments: Please allow retail investors access to leveraged funds and ETFs as small exposure can be part of an important part of investment strategy such as hedging. If the position size is small (small percentage of portfolio) then the overall risk exposure to any of these funds can never be too great. Certain sectors (micro caps) can be as risky (if f not more so) than leveraged funds in my opinion. Finally, the access to leveraged funds has been allowed for many years without great losses (speaking of my account), so empirically I have managed any risk pretty well thus far.

I love these instruments and this would be a shame if it ended. Investors know the risk involved in these funds. That's why we put money in them and use them wisely to our advantage. This is another way for the SEC to hurt the little guys.

Ive been well informed by my stock broker with written documents and explanation about the risk of leveraged and inverse funds/ETFs. Therefore, I DO have the knowledge and understanding about the risks/rewards regarding the said funds/ETFs. Thus, I would like the freedom to trade inverse and leveraged ETFs since they enable me the flexibility to profit from both rising or falling or even flat stock markets by taking advantage of the associated covered-call option trades, and also to hedge against or reduce/limit the amount of potential losses.