To whom it may concern -- I am a fairly knowledgeable investor who looks to maximize my returns utilizing levered funds. I know the risks that go along with my investments and accept those. I do not see where FINRA ought to be involved in creating a nanny-state mentality to protect investors. There are more than enough regulations in the financial sector to cover investors. Additional regulation or elimination of these funds is pandering to the uninformed, blame shifting, and incompetent drones. The right to invest my money where I think it is important should be left to me, not you.

I use 3X ETFs (TQQQ and SOXL) in my standard long term investing strategy has it provides compounding of my assets. It has outperformed most other ETFs over the past 10 years and I have held on through down turns. They are a tax efficient means of saving for retirement. In addition, during times of appreciation I sell a small portion to fund expenses and provide donations to charities. These ETFs work long term because they are the best of breed of American Growth Companies.

The SEC is established to protect investors, I know...but limiting choices and eliminating options to protect my portfolio from rising rates is actually harmful...not helpful. Anyone that is in inverse indexes like TBT, knows the risk.The vehicle is not ideal and not 100%...but it gives some level of flexibility for me to profit and and protect.In the absence of alternatives...its better than nothing. Respectfully and thank you.

I use these funds for hedging and have done so for many years. Please leave them alone! I dont want new regulations and limits!

I am writing in opposition to proposed restrictions regarding inverse etfs. I use these etfs as a convenient hedge against possible downsides in the markets. Please do not put restrictions in place that would require me to take a test or have a cooling off period before purchasing them.

Please do not take my freedom to invest away!

The proposed rule that would restrict MY investments choices is incompatible with a free society. I am an adult and make my own decisions in regards to all aspects of my life, including my investments. FINRA has no role in restricting those decisions. I fully understand what a leveraged fund is, and what an inverse fund is, but that is not the main point. The main point is I should not, after 20+ years investing, have to read approved instructional materials and pass a test.

How I manage my money is none of you business. Instead of limiting my earning potential, maybe you should look into restricting politicians ability to trade.

I object to Rule #S7-24-15 which would restrict my ability to make investment decisions for myself. It is totally unreasonable to suggest I take a regulatory test, when I just recently read Proshare materials, purchased some inverse products and have been watching those investments daily, as they suggested. For what reason should my freedoms now be restricted? How much more regulation does the government believes its entitled to? Im intelligent enough to make investment decisions myself.No, no, no!!

I have been investing for a long time and understand my own risks. Investing in publicly traded funds should not be limited to the wealthy. As part of an overall portfolio I use leveraged fund to hedge investments and increase returns. I am not borrowing funds to do this and understand they may be extremely volatile at times. I can choose the portion of my portfolio I want to expose to this risk and don't need government regulators to do it for me. Thank you.