I would like to speak in opposition to rule changes re leveraged ETF's. These investment products have allowed me to hedge some of my risk in the markets. These products are cost effective. They allow me to keep most of remaining investments in conservative low beta alternatives, while allowing a small portion of my portfolio to hedge some of the risk. Steve Davis

I have used leveraged and inverse funds many times as I grow my holdings, I don't want my ability to use these types of funds restricted. Please do not add another layer of regulation to the use of these funds. I would not be opposed to a better level of education of the risk of these funds, perhaps included in a simple and basic explanation for rookie investors to better understand the risks involved.

I have been an individual investor for 30 years. I use leveraged etf's to help myself manage risk. They serve as an important part of my investing plan.

Please allow us to chose. Leveraged funds allow us to hedge current positions making it safer for our portfolio. They're not being used to make risky bets.

I - not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.

It is Arbitrary and Unworkable: FINRAs definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used public securities. It upends Our Regulatory System: Under the long-standing disclosure-based system, investors have the right to decide which public equities, bonds and funds they want to buy. The FINRA plan upends that principle, giving regulatorsnot youthe power to decide what public securities you can and cannot invest in.

I only trade and invest in inverse limiting or not allowing would be horrible if you want to limit risk maybe tax it at a higher rate or have a higher fee when buying it

Forcing investors to go through any special process like passing a test before they can invest in public securities, like leveraged and inverse funds should not be imposed on investors and should be the sole responsibility of the individual investor. Limiting public investments to only the privileged will only make it more difficult for the average investors to build wealth or protect the wealth we already have.

I invested heavily in this ETF and currently loosing over 75% of my investment. If SEC does not allow me to continue holding this ETF, I stand to loose a lot of money.

I should have the freedom to choose the public investments without going through any special process like passing a test !!