'Complex investments' seems awful arbitrary. Regulators should regulate with a scalpel not a chainsaw without definition. The lack of transparency is disturbing.

It's interesting that these 'complex' investments existed all during the 2009-2022 melt-up bull market and didn't appear to be a concern. Now markets are topping,... reversing,... and the very tools a knowledgeable investor needs to meet the new challenges falls under scrutiny by regulators.

How about we offer this test to students in Highschool as a term test. Public really should have the same access as you.

This is an unAmerican and classist proposal. All Americans should have the freedom to invest as they see fit, not just the privileged alredy wealthy few. A test is ludicrous. Do not impose this regulation on the backs of the American public.

As an active investor of 45 years I am capable of directing my own investment decisions as best fits my objectives at the time. Leveraged investments play an important part in my overall investment strategy and I would oppose any regulation that hinders, cripples or burdens my right and freedom to make my own investment choice on the use of leveraged and inverse funds.

Why do you not include knowledge of technicals in your list of potential requisites? Technicals are universal and are the primary guide to market moves. News and fundamentals are short-lived and correct quickly whereas technicals are the GPS of the marketplace. Indispensable.

Dear FINRA,

Public investments should be available to all of the public NOT just the PRIVILEDGED. I should be able to choose the public investments that are right for me.

I am very capable of understanding investments and the risk. I shouldn't have to go through any special process of test taking before investing in leveraged and inverse funds. I have done my own research and are very capable of understanding leveraged and inverse funds and their risks.

I oppose big government restrictions to my right and ability to invest in ETFs. I should not be required by big government to take a test or satisfy other unnecessary requirements before I invest. I have been investing in leveraged ETFs for more than 13 years and am extremely happy with my results and my returns. I don't need government to tell me how to invest in leveraged ETFs.

I am a 57 year old investor that has traded / invested in different asset classes including equites, option and futures. I think the leverage / inverse funds are a valuable tool to be used by investors / traders and should continue to be available to the public without restrictions.