While I am sure the intent of this proposal is to protect retail investors, things like quizzes on investment knowledge are ridiculous. The definition of complex products is complex. Do target date funds in everyones 401k meet that criteria? I think FINRA needs to take a step back. Retail investors should have access to all the products they need including hedged products, inverse and levered products, etc. I am a big believer in democratizing access to the betterment of all.

It is in regard to FINRA and L&I. We don't need another regulation on the top of other regulations. My brokerage firm already provides ample warning regarding the risks. I find it sufficient trading these ETFs. I have been trading these ETFs past 25 years I know what I am doing and the risks. Government is not in the position to dictate what is good for me. No more regulations are needed.

I not regulators should be able to choose the public
investments that are right for myself and your family.
Public investments should be available to all of the public,
not just the privileged.
Do NOT make it harder for all Americans to have a level playing field and freedom to invest their money as they see fit.

I have extensive knowledge of inverse ETF funds as well as Leveraged ETF's The assets I have with Schwab is in excess of 20 million Dollars and I have been trading Leveraged ETF's for over 20 years. I also have extensive knowledge of options.and I currently hold about 300 contacts of $SPX futures contracts.. I have never had a loss in any of the thousands of options I have traded.. Call me and have a detailed discussion about my experience

i understand the risk of leveraged funds and request FINRA leave these ETF's intact

By inhibiting access to various trading/hedging vehicles FINRA/SEC is actually preventing the public from protecting assets during periods of extreme volatility. This is supposed to be a "free market", who are the regulators to impose directional opinions on the markets??

Limiting access to complex financial instruments makes dangerous assumptions about the general intelligence of the American public. And unlike licensing and restrictions for automobiles or firearms, uneducated decisions regarding financial tools can only hurt the investor themselves. It is not the government's job to protect us from every bad decision we could theoretically make.

Comments: I love these products. I am seeing a lot of people that dont understand, or theyre trolling, or something may seem suspicious, but I am SIE certified and I only wish I had found these sooner. I traded in a eft that was fifteen percent down for the year, and corrected most of the damage in a couple days. I also remade gains from crypto losses. Personally I think options and short sales are far riskier and you can go deeply in debt.

Thank you!

I am totally against SEC Proposal Rule #S7-24-15. I do not need the Politicians of Washington to protect me from my own decisions on how to invest my hard earned money. I certainly understand the risks in investing in a variety of assets as well as the potential benefits. If you want to focus on areas that are important to me:
1. Hold Chinese businesses to the same standards of review as U.S. based businesses.
2. Hold Politicians in Washington accountable to insider trading standards similar to that of U.S. employees in publicly traded businesses.

I should be able to invest in any instrument that fits my overall investment strategy.