My primary concern with this notice is the following statement: "whether the current regulatory framework, which was adopted at a time when the majority of individuals accessed financial products through financial professionals, rather than through self-directed platforms, is appropriately tailored to address current concerns raised by complex products and options." The concern is that this will inhibit those of us that have the ability to research and understand the complexity of these investment opportunities and instead create barriers to retail investor wealth - 1) through the ability t

Please DO NOT prevent retail investors from investing/using leveraged or inverse ETFs. If some people are idiots and don't know what they are doing, that is THEIR problem. They should educate themselves and learn about futures, contango and decay. Do not punish educated retail investors using these ETFs to hedge against volatility. Thank you. Regards, Eric

PLEASE PLEASE keep leveraged ETFS!! They have helped me so much - especially during the last downturn in the market.

Comments: As a private investor I have utilized ETFs for about 20 years and leveraged/inverse investment vehicles for approx. 12 years or so. These vehicles (specifically leveraged/inverse ETFs/ETNs) have been extremely helpful to enhance the profitability of my investment portfolio/strategy resulting in protecting my investments when these vehicles are used as hedge instruments, and in trading to generate additional profits (incl. short-term profits) when markets, a commodity, a sector, etc. show greater volatility and tend to move stronger in one or the other direction.

Comments:leveraged ETFs are investments through legitimate brokers and are described in exquisite detail in their literature. Warnings pop up whenever trying to execute a trade. That should be enough for any investor to be informed completely. Any more is an example of government getting into what should be my private affaires. Please leave the leveraged products alone. Thank You

Comments: I am an investor, an advisor, a father, a son, husband and business owner. I have used these leveraged products in small amounts and I feel there is a lot of warnings, disclaimers, etc on these already. If anything maybe make the warning bigger or more bold but don't limit the access of these.

Comments: Lab raised an inverse ETFs are important for protecting or enhancing a portfolio on short term.

Comments: Limiting access to the L&I funds will be limiting the trading options that investors choose to trade with. The diversity of our culture, race, religions, options,, selections, choices and freedom makes America The great! Why make us less Great?

Comments: I believe that the foundation of a free market is the ability to choose the financial decisions that we as people make. While I understand that regulation is necessary to create a safe market environment with lower risk and less chance of inexperienced losses, there could be no possible way in which new regulations would be fair to all types of investors. A small percentage of investors outside of firms also trade leveraged ETFs or equities, and this will directly impact their investment goals or strategies that are currently in place.

Comments:Brokerage Houses already have separate paperwork requirements to invest in 3x leveraged funds. Risks are clearly raid out in terms of decay and volatility.