Comments: 1. I agree that while allowing investors to trade Options, they need to understand the product well. This can be ensured by (a) looking at their qualifications and /or experience in Finance; (b) if (a) is not satisfactory, then look at their tranck record of trading options to see if they have made 75% or even up to 90% losses; if so, they need to undergo educational guidance before they can be allowed to deal with Options. 2. Investors/consumers access to trading stock, ETFs (both leveraged and inverse) and options are valuable for them.

1) Leveraged ETF is the best . 2) Please do NOT ban it or limit its use. 3) Please ban all short sellers. 4) Please ban all kinds of manipulation of stock price by market makers, hedge funds, and mutual funds. 5) Thank you for not banning leveraged ETF.

If FINRA and all other market regulatory agencies are going to start focusing more attention on keeping retail from burning themselves when they appear powerless to do the same for MMs, prime brokers, reckless hedge funds, and conglomerates that have against all common sense and reason been allowed to become all of these things under the same umbrella with apparently no oversight, not to mention the DTCC itself asleep on the job as unbalanced synthetics accumulate to the point that stocks are getting shorted beyond 200%, then it's imperative we at least be allowed to hedge, without interfer

Comments:comment on direxion etf. I understand how to trade etf. They are based in a primary future, stock or other. They are not physical components of companies but leveraging stocks for short-term trades.

Comments: Please allow average investors like me to trade on the "complex products" - including leveraged and inverse funds (L&I Funds). Today 4/29/2022, Amazon trades down about 13% or -$386.93 @ $2505.00, which is a bigger swing than the TECS or SQQQ. Which one is a bigger risk?

I highly disagree with the proposed restrictions regarding "complex" products, which isn't well-defined in the notice write-up. Not only would creating additional barriers and limiting opportunity to retail would have broader implications and negative outcomes for capital markets overall, but it removes the necessary risk management tools in an increasingly complex and evolving financial world driven by capital investment and accumulation.

Regulating those kind of investment is no free market. We should be able to invest in what we want, this is our money we are talking about. I use a strategy called Hedgefundie strategy, which consist of 55% UPRO/45% TMF, and I need to rebalance quarterly to keep that ratio. My entire TFSA is in that strategy and if we can't buy any of them anymore, I will have to sell at a loss right now in the downtrend, when that is exactly the best time for us, retail investor, to make money for our future ?? This is a joke and we should not have to be babysit like this.

Your opinion on FINRA’s proposed limits that may restrict your access to L&I Funds or to disqualify you from trading L&I Funds or other "complex products". I reject the proposed limitations referenced in the above comment

Comments: I have used leveraged ETFs since 2018 and have been able to understand the risks. I am consistently reminded of the risks and understand that downturns in the market can skew the performance and they are made for short term active trading and monitored regularly. I receive a notice prior to placing trades with my firm and periodic emails reminding me of the risks. I am comfortable with investing in these products and they have been a good tool to supplement my retirement savings throughout the years.

Comments: L & I funds are no more risky than playing Options. If anything you should be limiting individual investors availability in using leverage to play options, or options trading in general, which can hurt the market as well. Options trading is far more like gambling and less like investing than anything else, had gained popularity with the newer more uneducated investing crowd and I have seen far more people lose a ton of money faster on bad/uneducated options plays than on day trading L&I funds.