To whom it may concern, The know your customer rule, regulation BI and and the pending IRA rollover rules are sufficient to regulate investment options, advice and documentation regarding investment options, recommendations and relationships between advisors and clients. Putting further restrictions and limitations on clients access to investment products will disproportionately and negatively impact smaller/average investors as compliance costs and time spent per transaction increase, these investors will have access to fewer advisor options.

I would still like to trade BITO

I do not think that investors need an excessive level of hand holding when investing. The risks of inverse funds, etc., are accompanied by plenty of disclaimers already. This proposal is just excessive government regulation.

I am outraged that you call Structured Product "complex investments." How can you paint these products with such a broad brush? Frequently companies use futures to hedge against many risks. Why not call their stocks complex investments as well? I believe simply informing clients of the risks, as our firm does with all the investments we sell, should suffice with any risk disclosure. We are not here to quiz clients and grade clients on their knowledge. Furthermore, we are not here to design tests and be graded on their efficacy.

If Finra is going to enact such extreme regulations why have registered representatives? Why would customers even need a licensed registered representative to help them with investing if the only thing they can invest in are simple investments unless they take a test. There are already more than enough regulations and compliance tools to keep registered representatives accountable. This may sound good in theory but so does Communism but in practice it is horrible. This would clearly harm the investing public.

We not regulators should be able to choose the public investments that are right for us and our families. Public investments should be available to all of the public, not just the privileged. ENOUGH IS ENOUGH!

I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. Eveyone should be able to choose the public investments that are right for him and his family.

This is silly. I can invest my own money any way I like. If I lose money I have no one to blame but myself. This is like refusing to let me by soda or sugar. Please don't do this.

No more regulations. I should be able to make the investment choices I choose. I am capable of understanding the risks of securities and crypto funds without any interference. I am able to do my own research - and do so. Please do not burden me with more regulations. Thanks! S Hicks.

Please give the investors the right to choose their investments.