This is the most rediculous proposal I've heard in a long time. Inverse funds allows investors to stay in turbulent markets. Does FINRA believe passing a test makes you a better investor? Answer: NO. Without these products, individual investor choices become; exit the market, short stocks/ETFs, or options. If FINRA takes the proposed action, they will make lemmings out of the average investors like me

Regarding your considered regulation, I strongly oppose having index and reverse index ETFs having anything to do with it.

While I see some merit in making sure retail investors fully understand risks before directly trading on margin or shorting a stock, the proposal to restrict index/reverse index ETF investors is completely meritless; theres no specialized knowledge required to let the ETFs manager handle the complexities of tracking markets direction.

Dear FINRA,
Please do not remove my right to purchase leveraged ETFs. The general public should not be required to have special privileges to have access to these financial instruments. Although these are complex trading instruments, they pose no more risk than many other securities that already available to retail investors.

Please do not assume investors need a nanny state to tell them what they can or can't understand or invest in. These additional regulations are unnecessary and onerous.

I strongly oppose any restrictions to my right to invest in any funds that I want to invest in based on my own decisions.

The checks and balances are already in place. The prospectus' already make clear what the risk of leveraged investment or inverse investment tools are. The clearing brokers also ask the right questions before trading in these tools is allowed. The losses suffered by small investors who do not understand the risks they take are a just prize for ignorance. Nothing trains the investor to sharpen their skills like learning from poor and uninformed investment decisions. This ultimately makes the markets stronger and better in the long run.

This is a ridiculous infringement on my right to protect myself and my investments. A well-balanced portfolio often includes hedges. Do you have hedges in your own portfolios? Of course you do. Please do not take away my right to do the same. I am a retiree, a taxpayer and investor, having worked my entire life. 1st the Fed props up the banks keeping interest rates near zero. We seniors got hammered and were forced to invest to protect our wealth. Now you want to eliminate hedges....another ploy to prop up banks and big money. Shame on you. I'm beyond disgusted.

Once again the government wants to protect us from ourselves. That should not be the role of government to treat us like we cannot make decisions for ourselves.

We should have the freedom to make our own choices and accept the consequences of our actions.

I strenuously oppose restrictions on my right to invest!

Dear SEC, Rule #S7-24-15: I personally should be able to choose the public investments which I deem appropriate for me and my family. NOT you! Just because some may be privileged doesn't mean only they should have access. I do not need to pass some special test or have money as the privileged do to have access to a public investment. Leverage and inverse funds play an important part of a portfolio to protect the average investor. Do NOT make it harder/impossible for someone not really privileged but still able to participate in public investment. Common sense applies in this consideration.