As a registered representative, financial advisor and personal investor I would sincerely hope that I am never prohibited from using these funds in the future. If you want to ad investor education and or disclosures, so be it. But please do NOT reduce the availability of such products. As a rule of thumb, my firm does not permit the solicitation of these vehicles in my position. As for my own account, I love the idea using these vehicle so to reduce risk. If I want to have $90k of exposure the tech index, I can take $30k and purchase TQQQ.

Get the government and its allied organizations [REDACTED] out-of-the-way. PERIOD

Comments: I like leveraged and inverse funds. Each time I buy/sell, Charles Schwab gives me lots of warning about buying those types of ETFs. When I look at the fact sheets or prospectus of these type of funds, I see it very clearly that they are primarily designed for day trading and lots of warnings. I vote you let investors use "complex products" like these without restrictions. Thanks!

Comments: Leveraged funds are advertised as risky and they communicate that risk in frequent newsletters for investors to remember the added portfolio risk

Comments:Please leave the funds alone as it is. If one doesn't understand the "complex products" - including leveraged and inverse funds (L&I Funds). They should not be in the trading these funds.

I oppose these actions which are going to take place. And to have an affect on these investments.

Hello, First of all any rule changes should effect at least after 12 months (maybe 24 months) to be fair for the investors. We are using these funds generally to protect (hedge) our investment or sometimes to gain in a short time. We know the risk of the any investment which we are investing. So, actually/generally I oppose restrictions on my right to invest in public investments. Rules should apply for everybody not just for the privileged. Investors' are investing for his/her benefits and not related to 3rd parties.

what about indice volatility rates

As a retail investor, I am offended that more legislation is being implemented in order to "protect" retail investors who are not smart enough to comprehend products that are offered in the open market. Specifically volatility related products, which are an essential part of hedging for market risk. Why are you attempting to shut retail out of products which we can actually benefit from while we are in the middle of volatile market conditions?

It is NOT FINRA's obligation to protect investors from themselves. It is the obligation of FINRA to oversee registered firms and registered representatives. If FINRA wishes to take action, it should not be burdensome to the individual investor. FINRA appears to be targeting the informed self-directed investor who understands the risks associated with leveraged and inverse funds, which are CLEARLY events that go beyond FINRA's scope of authority.