I alone know what risk exposure is acceptable for me, not FINRA regulators. I have spent two years fine tuning a strategy that lets me vary my risk exposure using a mix of standard and leveraged funds to take advantage of market behavior. Blocking access to these leveraged funds will wreak havoc on myself and others in my position who have spent the time and energy to create smart and intelligent plans to effectively use these tools. Block access will hurt us badly and for what reason?

I do not believe regulators should be able to choose which investments may be proper for me to invest in. Leveraged investments allow me to achieve the level of returns that I want with only having to risk 1/2 to 1/3 of the amount of money that I normally would. Inverse funds help me hedge against losing gains in other funds. Having a well rounded portfolio is always better than half a strategy. Leaving certain types of investments available only to the privileged doesn't seem like the way to run a free and open market system.

I should be able to choose the investments that I would like to invest in without going through special processes like a test. I am capable of understanding how funds work that are leveraged or inverse funds. These types of funds provide the flexibility to add diversity to my investment strategy. Regulators should not be limiting investment options.

Dear Sirs:

I invest via a systematic quarterly plan that utilizes leveraged ETFs. I know what I am doing. Correct use of these leveraged products is a key part of my financial plan.

Leveraged funds are important to me. They improve my performance over the long term. I am not engaged in reckless trading, I understand the effect of daily magnification of an indexs price movement, and benefit from this magnification.

I do not need or want a third party evaluating my ability to manage leveraged funds, and certainly do not want one preventing me from buying them.

My goal is to diversify my portfolio. Investing in the cryptocurrency arena is another strategy in which I can balance my portfolio, with the understanding of the potential risks.

I use inverse funds to hedge my risk against black swan events, such as the 2020 pandemic.

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.

I am of the opinion, that as an American Citizen, I have the

RIGHT to choose the public investments that are right for me & my family!!

Please DO NOT Interfere with my RIGHT to do so!!

I should be my responsibility to select the type of product I am interested to buy and to accept responsibility for the choice. Many individual stocks are even more risky. Do not take another freedom of choice. Make sure relevant information is provided and available but leave the decision up to the individuals.