Comments:i been making money on TQQQ and SQQQ. makes no sense to impose this nonsense rule. also dont even try to care about peoples finances when crippling student loans / predatory loans are everywhere.

I am opposed to regulations that restrict my being able to
invest in leveraged and contra funds. I invest in these funds
from time to time in order to hedge against the volatility in
the market. I am fully capable of deciding when these
particular funds are right for my investment portfolio.

This is an infringement on our freedom to invest. I NEVER see any marketing of levered products let alone marketing in any way to suggest these are safe vehicles. Would you prefer retail investors pay the high costs of margin interest in order to create leverage? Your overreach is beyond logical comprehension!

I should be able to decide , without more government regulations that tell me how to invest. I do not want to deal with gov reg and forms to do what I have been doing for a long time.I use these funds to balance my portfolio, please stop with all the control and government regulations.

It's disgraceful that you think we don't know what we are doing out here. We don't need you to babysit investors. We aren't gamblers, and we don't need regulatory busybodies all around us. Get back to your office and be grateful you're a day closer to your sweet pension.

I should be able to choose the public investments that are right for me, not the government regulators and I shouldn't have to go through any special process like passing a test before I can invest in public securities, like inverse funds.

Please do not restrict the right to invest in leveraged ETFs.

I have a PhD and have published in economics journals, so I have some expertise in this area.

Investors are currently allowed to borrow up to 50% of the value of their investments, so it is already possible to achieve leverage through these vehicles. But when the value of those investments fall it can lead to margin calls that require investors to sell exactly when the market is already under selling pressure.

I greatly value the options that leveraged funds provide. They are an incredible tool, I've been investing for 6 years and have used them for 5. I'm only 26 and don't have a high net worth right now, but I've been beating the market by 10% every year for the last few, even with COVID. It's a powerful tool, and just because some people can't use it correctly doesn't mean you should take it away completely

Do not restrict my ability to use leveraged or inverse funds. It is my money after all and an important part of my investment strategy. I understand the risks involved and have used these vehicles for years without incident.

I appreciate FINRAs concern regarding complex products. In this case, I think it is entirely inappropriate to place any restrictions them buying these types of products, but warnings would be helpful. I believe this for a number of reasons: