Im a former options principal .. a Bachelors degree in economics and 30 years in banking and investment banking

I have been using leveraged etfs for a long time successfully. If you have educated yourself about the risks and have they work, they are very safe to use. The government should not make it difficult for investors to use these tools that have proven to very effective as a part of a multi prong trading strategy.

I oppose regulations proposed by the SEC in 2019 and ask to stop a new, radical and unprecedented threat by regulators that could put my right to buy leveraged and inverse funds at risk.

I don't agree with limiting investors choices in regards to which funds can be invested in, especially in regards to inverse market funds. It's my understanding you intend to enact measures to restrict investors rights to invest in these types of funds if the investors don't meet certain criteria. I believe strongly that investors should be allowed to make their own choices. I don't believe that it is the right thing to do to restrict access to these funds.

Please do not be condescending or ignorant about unnecessary regulations. Leveraged etf's are a safe and effective way to hedge wealth and/or create investment profits. Leveraged and inverse funds are essential to manage down markets and as a mature investor I do not need Finra guidance on what to do with my money. In my view this maybe a play to limit downside momentum in the stock market and if true is heavy handed and producing very minimal results. Essentially, smaller investors need a way to hedge portfolios aside from just parking funds in cash to avoid downside risk.

In my opinion Finra needs to stop loading restrictions those don't make sense. Let traders and me decide rules for public investments unless it's protection of my assets. No test process is needed without my approval stupid. Too much government and it's control is not acceptable while filling their own pockets using corruption.

this would be bad for investors

As long as you have a margin account, leveraged and inverse funds don't matter because you can use margin leverage and short the funds. The leveraged and inverse funds are much safer to manage the risk rather than using margin because unlike leveraged margin positions, the leveraged and inverse funds never go negative price. In that sense, the leveraged and inverse funds are actually safer than margin.

I not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. Leveraged and inverse funds are important to my investment strategies. I use leverage and inverse funds to help hedge my investments and seek enhanced returns, and I use them as a limited part of my overall portfolio.

Dear Sirs and Madams: I feel that I have the right to invest in any investment that fits my financial requirements without having to 'pass a test'. These proposed regulations treat US citizens as children! I do not need 'help' from Federal Regulators to manage my money. Leveraged and inverse funds are an important and critical part of my investment strategy. When markets are in a correction and/or 'Bear Market', inverse funds offset losses for my longterm investments. Please let adults manage their own interest and stop trying to 'help us'!