Comments: Back in the 1990s when I started it was quite common for people who wanted to trade leveraged diversified products to establish a mutual fund account at Rydex (now part of Guggenheim). There were other products which were similar at the time though I think most have closed. The most popular trading were the Fidelity Select funds which had a 3% load specifically to allow for more rapid trading of various types. These products don't not seem much different to me than the ETF broker based systems of today.

I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on you. You do not need to protect me from myself. Go do something useful and so not waste tax dollars chasing wild dreams.

As long as people can go lose fortunes in Vegas, its absolutely asinine for you to try to tell people what they can and cant invest in. In Vegas, you're virtually guaranteed to lose money.. whereas with an investment, at least there is a calculable probability of profitability.

Please do not restrict the public's ability to utilize leveraged and inverse ETFs as investment vehicles. These instruments provide investors with great methods to hedge portfolios, enhance returns, and fine-tune an investment portfolio.

I frequently use these types of ETFs to mitgate downside risks, target specific sectors, and hedge against market risks.

In my view, the public should have the ability to make these types of investment decisions on their own, without interference from regulators.

Let everyone invest.

Dont make these changes please

I believe that inverse ETFs, when used properly, are an economical and relatively low risk way to hedge equity portfolios. I have avoided serious losses in the current bear market due to the availability of these products. Restriction of these products would be a disservice to smaller investors who wish to avoid the cost of options and the extreme leverage of the futures markets.

I am completely in agreement with this rule. Uneducated investors should not be investing in things they dont understand. Keep up the good work FINRA.

I oppose restrictions on my right to invest

There is enough restrictions to transect the pro-shares TQQQ,and other inverse of leveraged share by the authorities like brokerage firms. we are asked to verify the knowledge and sign to it before we can transect, which should be sufficient consent.we do not need any additional restrictions to freely buy or sell these ETFs.