Comments: Making it harder for me to invest in ETFs is not good. However, tightening ropes around the big boys might be needed to spare over inflated prices and volumes.

Comments: Please do not modify rules related to leveraged ETFs. I personally understand the risks of leveraged ETFs, but at the same time the value. I use leveraged ETFs to enhance my portfolio returns. I also recognize that these products may result in larger than average swings in valuation. However, if you look at a long-term strategy of using leveraged ETFs, you will recognize that these allow people to generate income that is greater than average market returns. Thanks very much.

Comments: My name is Maurice Edwards, and I have been using L&I investment vehicles (as well as other complex products like options) for many years and I don't want my financial opportunities to be regulated away. I spent the time picking up the knowledge and experience to use these assets, and after all that my outcomes are to my liking.

I find trading leveraged etfs very easy and it is not confusing at all. Please do not change the way leveraged etfs are bought and sold and don't make it any "safer" by including more steps. Thank you. Larry Warshauer

Comments: Limiting access to leveraged and inverse ETF's does not fit into the framework of "free and open markets". Most investors who use these ETF's have a sophisticated understanding of equity and fixed income investing and use these instruments as part of their comprehensive investment strategy. These types of ETF's are great tools for investors. Limiting access will push investors into investment instruments that may actually carry MORE risk such as futures contracts and options. Limiting the availability of leveraged and inverse ETF's is a bad idea.

do not limit access to to leveraged and inverse etfs....they are good for protection/hedging.

This is ridiculous. At what point are people not responsible for their own decisions? Anyone who buys a leveraged fund should know the risks and reasons they are buying the asset, and if they dont, shame on them. Dont punish the rest of us for the stupidity of a few.

Comments: To whom it may concern: I am writing to provide input concerning the issue of FINRA proposed rules to limit access to leveraged and inverse ETFs and "complex products". I use leveraged and inverse ETFs regularly as a hedge against market volatility. This has been a very valuable and successful tool for me. I fully understand that uneducated investors may use them incorrectly and experience adverse results. So I absolutely agree that they need to be cautioned. My brokerage is Fidelity.

Comments: Over the years there has been enough said about the features and risks of the leveraged instruments like 3x ETFs. Brokerages also issue pop-up warnings on the risks and margin requirements as we enter a trade. I am strongly in favor of *not* changing the current rules for these leveraged instruments. Doing so would reduce the investment/trading options for hundreds of thousands retail investors as well as reduce the liquidity needed for these to function smoothly.

Yes i understand the risk of the fund, and i am happy to invest, it is very directly, the fund is using leveage, in a nut shell borrowing money to invest more, and is mananged to pay the cost of the loan and to also provide extra growth. It is a good system, and their needs to be more funds like this. In fact many Real Estate investments work on the same concept. Leverage, the 8th wonder of the world. I like this fund and I am happy i invested and had this opportunity, thank you Jason Hurst