Please do not be condescending or ignorant about unnecessary regulations. Leveraged etf's are a safe and effective way to hedge wealth and/or create investment profits. Leveraged and inverse funds are essential to manage down markets and as a mature investor I do not need Finra guidance on what to do with my money. In my view this maybe a play to limit downside momentum in the stock market and if true is heavy handed and producing very minimal results. Essentially, smaller investors need a way to hedge portfolios aside from just parking funds in cash to avoid downside risk.

In my opinion Finra needs to stop loading restrictions those don't make sense. Let traders and me decide rules for public investments unless it's protection of my assets. No test process is needed without my approval stupid. Too much government and it's control is not acceptable while filling their own pockets using corruption.

this would be bad for investors

As long as you have a margin account, leveraged and inverse funds don't matter because you can use margin leverage and short the funds. The leveraged and inverse funds are much safer to manage the risk rather than using margin because unlike leveraged margin positions, the leveraged and inverse funds never go negative price. In that sense, the leveraged and inverse funds are actually safer than margin.

I not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. Leveraged and inverse funds are important to my investment strategies. I use leverage and inverse funds to help hedge my investments and seek enhanced returns, and I use them as a limited part of my overall portfolio.

Dear Sirs and Madams: I feel that I have the right to invest in any investment that fits my financial requirements without having to 'pass a test'. These proposed regulations treat US citizens as children! I do not need 'help' from Federal Regulators to manage my money. Leveraged and inverse funds are an important and critical part of my investment strategy. When markets are in a correction and/or 'Bear Market', inverse funds offset losses for my longterm investments. Please let adults manage their own interest and stop trying to 'help us'!

I oppose restrictions on my right to invest in public investments

Please allow a free market to function. Dont limit investing to just the wealthy. All must be able to make mistakes to learn and grow. Dont try to protect us from ourselves. Please protect us from those trying to infringe upon my rights to use my money how I want to.

There are many ways to design a portfolio as one tries to balance growth and risk. One method is to create a low volatility portfolio and use leverage to achieve the desired growth rate. There are many ways to achieve leverage in a portfolio such as margin, options, and futures. Leveraged ETF's provide another mechanism to leverage a portfolio that is much simpler and potentially cheaper than these other methods. Please preserve my ability to use these leveraged ETF's in my portfolio.

RE: SEC Proposed Rule #S7-24-15, I believe that the proposed rule is radical, unworkable, and harms investors. Use of the term complex is vague and confusing leaving open the possibility of all sorts of unintended interpretations. It is an investors right to freely access the entire public investment market without unnecessary restrictions.