We don't want or need you to protect us from ourselves, and our own investing decisions, and personal responsibility. Do not limit us!

Sir/Madam: Do consider how much your proposed legislation will affect the "little guy" investor. With the proper sponsorship and legal safeguards any investor should be allowed to invest in investment products such as: Target Date Funds Non-Traditional Index Funds (Smart Beta + ESG) Emerging Market Funds High Yield Bond Funds Closed-end Funds Commodity Funds Cryptocurrency Funds Unconstrained Bond Funds Floating-rate/Leveraged Loan Funds Leveraged/Inverse Products Interval Funds Global Real Estate Funds ETNs, etc.

I am a staunch opponent of this regulation. What right do you have, as the government, to decide what I can do with my money?

I should be able to choose which publicly traded investments are right for my investment objectives and not regulators. All people should have the ability to buy publicly traded funds and not just those who are at a certain net worth. I understand the way the funds I use work and the risks involved and do not need to pass a test to prove my proficiency. These funds help me protect my portfolio during down as well as up days in the market as well as smooth out the volatility experienced lately. Thank you for listening to my thoughts.

I oppose this restriction to my right to invest.

Keep the ability for everyone to purchase stock. Keep America free!!

Dear SEC I am appalled by your recent proposal to restrict investment in leveraged and inverse ETFs to investors with a high net worth. Particularly inverse ETFs are one the few convenient ways that smaller investors presently have to hedge their risk against a bear market. By restricting these funds to the very wealthy, your rule's primary outcome will be that high net worth investors can make fat gains during bear markets, while the general public will at best be stagnant, if they sold in time that is.

I am financially literate after being a mortgage backed security credit analyst for 35 Years. Who are you to direct my investment choices and trading abilities? And I only use levered funds when no unlevered option is available such as YCS. YOU KNOW NOTHING! STOP IT! STOP IT! STOP IT!

Do not handcuff our abilities to compete with the hedge funds, let us be responsible for our own decisions.

FINRA - I understand that you feel a need to protect investors from some of the potential pitfalls of leveraged ETFs. I urge you to approach this topic with caution, however. Face it, risk is the foundation of investing and the entire field is fraught with potential pitfalls, interpretation, influence and missteps. There are no guarantees and, effectively, no real reliable sources of information. The only thing "real" in investing is price action. The use of leveraged and inverse funds are very important to my own investment strategy, particularly for use in hedging.