This is an insane idea to add more regulation to Leverage ETFs. From a practical perspective, think of how much higher risk there is involved investing in a single stock like Tesla, Netflix, Nvidia vs. a leveraged ETF like SSO or UPRO that is allocated over hundreds of stocks. Would you ever consider limiting how much of a single stock an individual can own? Of course not, yet that is a far riskier pursuit than owning a portion of you money in leveraged ETFs. Do not pursue regulations that limit the freedoms of how an individual investor chooses to allocate their risk.

This is market manipulation and can't be allowed. we will use whatever available vehicle to sue and fight the battle for passing such a rationless decision

Comments:I am a long time investor and have used various brokerage houses for my stock portfolio. I have traded both leveraged and inverse ETFs. It has been my experience that major brokerage houses have advised me of the caution that should be taken in trading these Funds. In addition Direxion has excellent tutorials on the use of these Funds. The use of these Funds is no different than the use of margin. Brokerage houses limit the use of both based upon the rules that they have in place and the knowledge level of each customer.

I should be able to buy whatever I want. Freedom to fail.

Comments: we need inverse leverage ! Do not remove leverage ETFs ..very bad idea

I think every investor has right to trade ETFs.

Managing client portfolios, as well as my own, has been greatly improved with my access to inverse and leveraged ETFs provided by Direxion Funds and others. My clients are knowledgable enough and they are aware of the benefits and drawbacks of these types of investments - and the key role they play in a portfolio. Their features like hedging portfolios and enhancing risk-adjusted returns are hallmarks of WHY I use these products. And, these features would NOT be available to my clients if restrictions were placed on accessing these products.

Comments: Do not restrict individual investors from using leveraged and inverse etfs.

Good afternoon!

FINRA are subjective and could lead to unfair or even
discriminatory treatment of investors.
Under the long-standing disclosure-based system, investors have the right to decide which public equities, bonds and funds they want to buy.
Don't giving regulators the power to decide what public
securities you can and cannot invest in. Leave it for investor!

I oppose limiting investors ability to buy inverse and leveraged funds.