This is so much of another government over reach. My money is my investment. Any way I chose to invest it. This proposed bill is just about as unconstitutional as it gets! There are many ways to lose money on investments: penny stocks, SPAC's, the general stock market alone, shady brokers/financial advisors running ponzi schemes, and many more ways. Are you going to start putting sanctions or restrictions on every shady investment? I do the research for my investments or talk with a legitimate advisor. I believe most investors do this too. This bill is going to ruin individual investing!

I do not feel it is necessary for the regulators to change the current approach to regulating leveraged securities

Free markets free people

I taught myself how to invest by reading and learning from the experts. I don't need an agency telling what I should or shouldn't invest I'm smart enough to limit my risk when I'm investing.

I am smart enough to earn my income, I believe that I am intelligent enough to make my own investment decisions. Testing me to invest my own money is ridiculous. Please consider my view when deciding on FINRA Rule#22-08.

I do not agree with proposed restrictions on leveraged or inverse funds for individual investors. There is not reason to think that average investors can not use these funds responsibly. I use leveraged funds in modest amounts in my portfolio to take advantage of certain bull market conditions. I have been using these products satisfactorily for several years. I also have on some rare occasions used inverse products. Please do not limit us ordinary investors from using these useful products.

Cryptocurrency is the future and I should be able to direct my money and invest for my retirement and future growth.

I have been trading complex products for 12 years, I am profitable and dont need you interfering in my financial future. If you wanna make me sign a piece of paper saying that I have read about the dangers, well, that is probably a good idea for the general public. So I dont mind. But do not force me into cool down., When I have complex options to protect me from any losing positions, your interference could ruin or totally destroy my account. Make education available, but keep your hands off my buy and sell buttons, please.

Why is it that regulators want to take so much time taking away the ability for the average person to actually use a product that can let them risk and succeed toward more financial freedom and security. Products such as leveraged ETF's and Futures are complex but the individuals that invest know the risks and should have the same RIGHT to invest as any other fat cat on wall street that institution bankers and regulators will gladly bail out instead giving us all equal and fair ability.

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. We shouldn't have to go through any special process like passing a test before we can invest in public securities, including cryptocurrency funds such as BITO. Explain that We are capable of understanding cryptocurrency funds such as BITO and their risks. We do not need these measures imposed on us.