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!

I regularly use leveraged and inverse funds to hedge my investments. They are an invaluable tool and I use them in a sensible and limited capacity. I am not a "high net worth" individual. I find it offensive that FINRA would even consider taking these away from regular investors. This would just be further proof that this game is "rigged" for the big players. People like me are more than capable of making our own investment and trading decisions and we are fully capable of understanding the risks involved.

I oppose restrictions
on your right to invest in public investments.

Leave my investments alone. I am a big boy and been trading and investing for over 50 years. It is my money and I demand that FINRA stay out of my business.

Any move on your part to limit or control my, or other traders, abilities to invest shall be viewed as an attempt to interfere in my constitutional rights.