I am retired and have been investing for 14 years. It has been a learning experience and I invest in some leveraged ETFs, very seldom in inverse funds because I am aware of their danger, and in fact for several years have not chosen to invest in any of them. The leveraged funds however have been helpful to me. I monitor them daily and during difficult market conditions, as right now, I reduce my use of them, in fact they make up only 5 per cent or less of my holdings right now. Their unique strategies add to my choices, and as a free American citizen I ought to have those choices.

Comments: A custodian of private individual accounts should provide a disclaimer when L&I funds are purchased. It should detail the risks and advise that it is not a long-term holding. No one should be restricted from purchasing these products. An informed individual should scale his or her risk tolerance before purchase.

There is always a winner and a loser in the global equities market and accordingly there is a side to every trade. To enforce that one may not buy certain securities also warrants the same restriction on selling of such securities. In other words - this should not be a notice that will be enforced, as you will be leaving plenty of investors on a figurative island.

Comments: Dear Sir or Madam - I would suggest that FINRA recommends investors simply be accredited.

Taking away our own investment choices and control over our investments is wholly contrary to a free market and is against the founding fathers cardinal rule of Govt interfering with our freedoms. We know the risk. We assume the risk. I study the risks intently before investing. Stop government interference in free market capitalism and our freedoms or the snake will strike

The term "complex products" is a mask on an initiative aiming to limit the ability of lower net worth individuals to invest in the same high reward vehicles as their higher net worth counterparts. This regulation is another permutation of limiting access under the guise of limited understanding. Regarding those who actually have a limited understanding, why let them invest in single blue chip stocks that drop 30% overnight but not leveraged index funds which are much less likely to do so? People will always make bad investments - cars, houses, boats, etc.

Please dont limit us from making our own decisions

Its my money. Let me invest how I want

This poses a severe threat towards market fairness. It's like locking people up in their house because of a Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are and finally, the liquidity will be severely affected if passed.

These fund should be available to everyone not just the privileged view. Regular investors are able to understand the risks of investing in leveraged funds.