No stop this radical change to investing

I very much disagree with the idea that an unelected bureaucracy, however laudable its motives might be, should be telling ME what publicly traded investment I can buy, is outrageous, and totalitarian. One can clearly see that ordinary people are often better able to see value than are so-called experts. And if an ordinary person , like me, screws up based on faulty logic, so be it. On the other hand, FINRA's proposed "rule" could keep me from making correct decisions that would benefit me and my family.

I can make my own financial decisions and dont need government intrusion

There are many articles on the website, internet, stock magazine to educate the individual investors. It's becoming more popular & investors use these tools to hedge & enhance return. These reverse ETFs are similar to options. The only warning which may be added is to require investor to put in a stop sell order. Ref. Technical Analysis of Stocks & Commodities, Jan 2022 issue.

Thanks to all of you wonderful regulators stocks are extremely overvalued. So instead of putting 100% of my portfolio in stocks I put 20% in leveraged S&P 500 fund like UPRO and it performs the same as having 100% of my portfolio in stocks.

We reserve the right to invest how we so see fit

Big government regulations are not needed in controlling investment interest. I should not have to have a degree in investments to be able to choose how I invest. My interest in over the counter investments and pink sheet investments has already been blocked and limits my exit severely due to low volume of stock movement. This move to control trading opportunities, is not in the interest of investors, it should not even be considered. The wealthy should not be the only traders with the ability to trade leveraged assets and inverse funds.

Please do not impose unnecessary regulations on leveraged and inverse funds. This is supposed to be a free market so let investors take their own risks!

I was a previous financial advisor. We became heavily regulated back in the day. The rules are in place and I understand, however when you infringe on peoples personal rights to invest by taking it a step further with the rules and regs already in place, now you are constitutionally wrong with the publics freedom to make fair choices on their personal investments and limiting them in this capacity to create financial freedom for themselves and their family.. A lawsuit is sure to follow regarding personal freedoms and rights. I would be a part of such a suit.

I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST. What individuals choose to do with their money is their right and their responsibility. This type of regulation puts regular people at a much greater disadvantage than they already are. STOP IT!!