This is highly unprecedented behavior and I deserve to invest the way I've been allowed to in the past.

Please do not pass this regulation.

Crypto is the closest thing we have currently that resembles the spirit of what the country was founded on and that is equal opportunity. Every system that was once democratic in nature has now been corrupted to favor keeping the rich rich. This corruption encourages anyone wanting to get anywhere other then the welfare line, to pay whatever unnecessary fees, taxes, or whatever exorbitant monetary compensation for services you could barely say rendered. Crypto is the Neil Armstrong stepping out onto the surface of the moon of our generation.

I do understand the concerns with the many options for self directed investing/trading available to people today. I believe if a broker/advisor offers a risk disclosure and the customer acknowledges it, then it's the responsibility of the customer going forward. I do agree that disclosures should layout, in simple terms, the pros and cons of the investment. Resources should also be available in cases where the customer needs more clarification.

Please do NOT take moves to restrict my right to invest in leveraged or inverse funds. Whether I choose to make such investments should be MY decision, based on my own knowledge and judgment, not that of a regulatory body such as FINRA. I have used leveraged and inverse funds for many years, always as a very small part (less than 5%) of my investment portfolio. I use them sometimes as a hedge and sometimes to take advantage of market expectations and trends in ways that would not be possible otherwise.

I feel that I have the right as a human being to invest anyway I like and in my family's best interest without the consent of a regulator I also feel that I have the right not to go to the school to take tests or any of that other nonsense I can understand the information just fine the way it's written now to be able to handle myself in any investment situation thank you very much

Comments: Instead of restricting investments in leveraged or inverse products, a focus should be on education. Explanation of risks and scenarios will help investors decide what they want. Certain automation steps may be helpful. Example- Limiting the investment in complex products in accounts that trade a lot, and/or limiting the amount of complex products as a percentage of total portfolio. Feel free to contact me with further questions.

This is as misguided on the part of FINRA as it gets. The entire regulatory structure is built to support the "long equities all the time" theme. Decades of essentially free money have made publicly traded equities on US exchanges one of the riskiest assets in the world. When the bond market takes the printing press away from the Federal Reserve (it is not a question of if, but when), US equities can easily tank 50%. These products will give investors the opportunity to protect their investments in the coming years.

We should be tested on our competency of markets to prevent uninformed decision making that can alter our entire lives.

Leveraged and inverse funds are important to my investment strategies. they help me protect (hedge) my investments and seek enhanced returns. Also I understand the risk and is only limited part of my overall portfolio.