You guys should not classify Retail Investors as a naïve person. Nowadays, Retail Investors have access to information to self-educate themselves on risks of trading leverage products (eg: Google Search, Reddit, Boggle heads and list goes on). I personally hold TQQQ for more than 2 years and will continue to do so as it continues to provide outsized return relative to underlying index. The examples quoted (2008-2009 timeframe) in the notice are cherry-picked to lay a negative shade on these products, one can pick a different date range to argue the other way.

Theses changes are far too invasive and everything should just be kept as is.

I absolutely do not support the one day hold rule for leveraged complex products. There are viable leveraged strategies that are far more simple and efficient for retail investors that require holding these products for much longer

The general public is already warned enough on leveraged ETFs that there is no reason for additional regulations and warnings for individual retail investors. They should be able to risk their hard earned money in ways they see fit for themselves. Individuals should have a right to use financial products they see fit to use in order to achieve their short term financial goals. Adding additional regulation will only hinder, not help, individual achieve their goals. I urge Finra to keep the status quo on leveraged ETFs.

Honestly it's fine the way it is. It's not that complex for most investors. No one should be buying things they don't understand. That goes for appliances too and we don't have to take a for those. Casinos have complex rules for some and again - no tests required.

I would be categorized as a "retail" trader. The assumptions being made in this proposal are insulting, it wrongly assumes so called retail traders are uneducated in many of the products named in this proposal. The assumption non-professional traders lack understanding of these products is not what I see on a daily basis. I trade with hundreds of other traders in a Discord chat room and see a consistent regular progression by new traders who join.