Who are you to tell me where I can invest?

Comments:I understand how these ETF's work and am aware they are used for short term moves . I have been using them for several years now .

I oppose FINRA limiting the investments that I can choose for myself and my family. I am capable of understanding the risks involved with certain types of investments and can make decisions based on the amount of risk that I am willing to take on, Public investments should be just that, investments open to the public, not just the privileged few.

I understand the risk and reward of leveraged and inverse ETFs.

If you can allow Securities like Bitcoin to be traded without any intrinsic value. Why not leveraged/ inverse ETFs?

Comments:There needs to be regulation on these I&L funds, as they are VERY volatile. I'm not sure of what to do, except provide EDUCATION to investors.

The government needs to stop interfering in our ability to invest our money the way we see fit. My wealth is solely my wealth and does not belong to anyone else including the government.

These investment impediments do nothing to solve any problems, because investors can always find an alternative way to achieve the same objective.

I strongly oppose any restrictions to my right to invest.

The proposed legislation is vague to the point where it allows fairly unhindered interference by regulators in the market, and fundamentally skews it against the private individual investor. This is an action which will directly contribute to economic and other inequities, for which future generations will hold this administration responsible, regardless of what rhetoric it chooses to dress its policies in.

Packaged leveraged and inverse funds offer easy to access investment tools with with to manage risk or take advantage of market trends. Why would you take away a low-cost easy to implement tool from individual investors? So that only the institutions can effectively use such strategies? Adults are not children for you to protect. If they are miss-understood or miss-used- the focus should be on education not removal.

Comments:
I believe you are wrong in assuming that investors using leveraged products are not totally educated in the product. I am 75 years old and have been trading on my own fo over 40 years. I find using leveraged and inverse funds very useful in balancing my investments. I believe it would be a wrong move and an over reach to close this type of investment. Before I execute the buy or sell of this product I am amply informed by Merrill of the dangers.

I oppose the restrictions you're proposing on my right to invest in public investments.
It's my money, not yours. So it's my business, not yours to decide on!