As an individual investor, I understand investing is inherently risky and it is my responsibility to evaluate each asset allocation with this in mind. I use leveraged and inverse products to manage risk and hedge long-term positions. The ability to do so cheaply and efficiently is critical to my strategy. My fear as it pertains to this regulation is that it will increase costs and make it more difficult for individual investors like me to access techniques for improving risk adjusted returns, exacerbating an unequal playing field in financial markets. Thank you for your consideration.

I opposed restrictions to my right to invest.

Typically, loss due to investment in funds is limited to the amount an investor was willing to use for purchasing those funds. Investing in leveraged and inverse funds is a useful tool for individual investors as it provides a mechanism by which to improve ROI when regular funds may be doing poorly. In all cases investors should be doing some research and consideration of risk before investing in funds or stocks; inverse and leveraged funds are no different.

Fair and Free Investment markets are essential to our nation's ability to sustain longevity!

I have been engaged in the market for over 40 years. I utilize leveraged and inverse funds in a deliberative and judicious manner to balance my portfolio. I find it insulting that the proposed over-reaching regulations posted years after I have made my careful financial plans would severely penalize me in my retirement years.

I should be able to control my investments fully not regulators; we shouldn't have to go through any tests; leveraged and inverse funds are critical to my portfolio

Dear FINRA, I oppose any attempt on your part to limit restrict or eliminate my ability to invest in inverse or reverse or leveraged ETFs. I use these instruments to hedge my portfolio position from time to time. I have already acknowledged with Fidelity, my broker, that I understand the risks inherent with these instruments, that is enough. Craig Watel

I oppose any restrictions on leveraged ETFs, crypto . They should not be based on someones incomes.

Given that our government continues to promote low interest rate environments where elder savers are punished, inverse etfs are an excellent tool to hedge income based stock portfolios. Instead of focusing on singular market events to evaluate etf tracking error, the government should endeavor to actually study long term inverse etf tracking error and counter party risk. Leveraged etfs are dangerous and might need more regulation, But Finra would be better off spending time on rules for crypto and new retail brokerage apps (read Robinhood).

I implore you to back off from your intended severe regulations for buyers of leveraged and inverse funds. We simply don't yet any more layers & layers of investment-regulations.