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.

Do not restrict my right to invest in leveraged funds.

I strongly oppose restrictions to my right to invest

Leveraged and inverse funds are important to your investment strategies. Consider explaining ways you use leverage and inverse funds, including that they help you protect (hedge) your investments or seek enhanced returns, and if you use them as a limited part of your overall portfolio.

Comments: I use inverse EFT's and would ask that you simply require some sign off via pamphlet. Rather than complex legal certification.

Thank you

I would like to buy leveraged and inverse funds and dozens of other popular investments as usual!

I am firmly against the proposed changes to limit access to and actions on leveraged and inverse funds. For myself and others like me, they are a legitimate, useful, and profitable investing vehicle that form a significant portion of my short term investing strategy. Respectfully, I am asking that you do not over regulate where it is not needed.

To whom it may concern, FINRA's current effort to seek restrictions around "Complex Products" appears to fall into the category of "fixing something that isn't broken." This is something the government often appears to excel in and in this instance reads as a rather arbitrary and capricious effort to restrict access to investment choices. As a rule, I vehemently oppose such regulation.