I agree that investor education is critical and that both high level and detailed materials should be made more available that explain these products in terms that the average investor can understand. I oppose putting hurtles in the way of investors who want to use these products. Net worth limitations would be especially egregious.

Please stop regulating everything and everyone. Thank you.

More rules for regular investors while big fish gets away with all the advantages that you can not do anything about. You will let them sell order flows, let dark pools exist, but put restrictions on common public.

This spring I have been buying Puts on the TLT which is a triple leveraged product on the 20 year treasuries. I have also been buying out right the TBT which is the triple leveraged inverse of the 20 year treasuries. After watching my balances rise I started tracking the increase in my stock portfolio. On 4/9/2022 my balance was $57,497.57 on 4/15/2022 it was $59,457.61 on 4/22/2022 it was $59,097.64 and last week it was $60,149.59. If our economy is a free enterprise system why should my ability to see the rise in interest rates and realize a profit be restricted?

I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST

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.