Hands off the Free Market and Cooperate investments

I want my 3X Leveraged ETFs. I understand that they are very volatile. I experienced the 2020 downturn and the current one. Yet, my stock portfolio is still positive and I'm carrying a very healthy profit. Don't take my leveraged ETFs away.

It is important for FINRA to adhere with principles-based disclosure regime when promoting rules and regulations. Prohibit retail investors to participate in complex products and options not only violate with the regime, but also reduce the chance for retail investors to manage their risks by using complex products and options. Please noted that majority of complex products, especially exchange-traded products, WOULD NOT lose more money than original invested (unless buying on margin).

FINRA,

Please don't restrict buying of leveraged ETPs. They are much safer and the risks much clearer than other leverage derivatives like options or futures. leveraged ETPs are an essential part of a agressive or parabolic portfolio while still being broad-based. I really hope FINRIA doesn't undo the empowerment of retail investors in the name of "saving" or "protecting" us.

Please, let our community invest.

Let freely investing in continue please!

To Whom it may concern: I am 54 years old and have been an active investor since 1997. During that time I have utilized many different investment vehicles to achieve my investing goals including stocks, bonds, options, mutual funds, etfs, leveraged etfs, and even inverse etfs. It was with great disappointment to learn that federal regulators are considering restricting individual investors ability to access these investment vehicles. This type of restriction would certainly hamper my and most likely many other investors ability to achieve our desired investment and retirement goals.

Leveraged and Inverse ETFs are very important for portfolio construction. Leveraged inverse ETFs are an inexpensive way to hedge a portfolio. For example, I was hedged with SPXS and SQQQ in March 2020. As a result, my portfolio did not go down as much as other people I know, and I wasn't stampeded out of the market. I held on and the market righted itself. Without leveraged inverse ETFs, I'd be forced to buy puts to hedge my portfolio, and that's a good way to lose money quickly. Please leave leveraged and inverse ETFs untouched. Thank you.

I have 30 years of investment experience, and my strategy is conservative. I use leveraged and inverse funds as a hedge, and understand the risk of maintaining these holdings over an extended period of time. My investment in these funds never exceeds 3% of my portfolio.