The proposed rule would be a huge misstep. Investing strategies which use leverage, especially leveraged exchange-traded funds should not be restricted to the rich, they should be available for every investor. Decades of investment research show that maximizing the efficient frontier using a diversified portfolio, such as stocks and bond funds, and applying leverage is superior to individually picking stocks without leverage, and has lower risk and drawdowns. Leveraged ETFs have made this fundamental investment truth easy to implement for investors regardless of net worth.

I recently learned of Finra's interest in taking the choice of how an individual investor wants to invest away from them. Regulators should not have the ability to limit how an individual wants to invest his/her funds. There are already plenty of government regulations that limit how much we can invest in tax deferred options. The government should also not limit investment options to just the privileged, it should be available to all. With the absence of pension plans, the onus is on us as individuals to properly prepare for retirement.

It is the right of the people to decide how and where to spend and invest their dollars. This was not and should not be the job of the federal government.

The proposed rule limits access to investments and and gives more power to unelected bureaucrats. I oppose these restrictions on the right of myself and others to invest freely.

Investment interests for the public, that correlates to a "We the people," not a we who want to capitalize on the many few.
Let US invest for our public commodity especially for things that are being imported.

Everyone should be allowed to invest into the new markets like cryptocurrency or NFTs or web3 but we also need fair and balanced regulations that protect investors from fraud and rug pulls from bad actors or cryptocurrency companies who are not being prosecuted at this time! Make this a personal goal to change cryptocurrency for the better.

I have a modest net worth and am not an investment professional, but have spent 15 years investing in individual stocks, ETFs, and mutual funds. As I have gained experience, my investment thesis has become quite simple: You either believe stocks will go up in the long run, or you believe they will go down in the long run. If you believe the former, then the logical next step is to get as much leverage as possible into a long position on the S&P500 or similar index.

Who do you think you are???!!
Who gave you the right to do this??? Please Mind your own business, and leave me ALONE!!!

This proposal:
-Hurts Investors: It could potentially deny you the freedom to choose investments that could
help you achieve long-term financial security.
Is Arbitrary and Unworkable: FINRAs definition of complex products is so broad, arbitrary
and vague that it could ensnare a vast number of commonly used public securities. Tests or
URGENTACTION NEEDED BY MAY 9TH
Your ability to freely invest is at risk! Visit LetEveryoneInvest.com/ProShares to submit
an official comment to the regulator, FINRA, telling them you oppose

This is another attempt to keep the rich getting richer and to hold everyone else down. These rules are elitest and amoral.

I have been an investor for many years and I have experienced very positive returns by investing in leveraged ETFs. I believe you should allow people to make up their own minds if they can stand the risks involved with investing. I think it is only fair to allow the average person a chance to try and catch up with all the rich people in the world. If leveraged ETFs are used in balance with more conservative investments such as bond funds, they can greatly improve an investor's long term performance.