I have been investing since 1998. The first time I placed a trade it cost $75 to place the trade over a phone. I don't wish to go back to those days. Nor do I want regulators telling me what I can and can't invest in or require me to pass a test to demonstrate my knowledge. I have invested in both leveraged and inverse funds. Inverse funds are especially useful for hedging. Inverse funds are much less risky then hedging through options which have an expiration date. The safest way to hedge is through inverse funds.

Why would you try to keep people poor shame on whomever is wanting to do this give the poor a chance to live the life they wish to not a life the government says they should.

Regulations preventing individuals not considered high net worth is classist, and potentially racist considering the socio economic demographics of high net worth folks. This has the potential of being illegal for its discriminatory language similar to historic red lining policies. I would also think, having more people invest would be of interest in a capitalist system, as it also has the potential to provide more jobs for those interested in accessing it.

I am against additional regulation to restrict my access to public investments. Leveraged and inverse funds allow for an important option for me to invest. I review and analyze the risks/reward ratio prior to investment. I follow the funds with "paper trading" prior to making actual trades.

What an outlandish in early irresponsible thing for a public what did the official to be able to read where I put my funds that I have earned.

I have been investing successfully in leveraged and inverse ETFs for several decades, including currently. I am a non-professional private investor. I believe there should be no regulations which limit my ability to trade these funds like any other ETF or security. I should be able to chose the investments that are most suitable for me and my family, and these should not be available to just select investors.

To FINRA,

The Freedom to trade equities and other asset classes feels like a basic right without needing encumbrances to that end. I am a knowledgeable investor of leveraged ETFs that have returned twice annually as much as I would buying and holding SPY, QQQ or the like (1x leverage).

Any regulation that would impose more hurdles to my trading would feel like restriction, when my regimen of trading is likely more careful than most RIAs or Brokers.

I am aware of the risks associated with this investment and I intend to continue generating significant returns using it. Stop trying to push the little guys out everytime they get on the right side of a trade. Have some dignity, you're better than that. Yours Truly, -Matthew R. Kuennen

I not you regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. This is how people make their dreams come true. This is yet another infringement on people's freedom of choice and ability to pursue their passions I shouldn't have to go through any special process like passing a test before i can invest in public securities, including cryptocurrency funds such as BITO. I am capable of understanding cryptocurrency funds such as BITO and their risks.

This country was founded on the idea that all are created equal and every law passed since has been something to bring more access to that equality and freedom. This country stands for freedom and the idea that anyone can work hard and build themselves up from nothing. The passage of this law stands in direct opposition to the ideals of this nation, to the great shining nation we strive to be for all. We deserve to have the right to invest our money where we feel it will earn the most for us, not have it gatekept behind extra procedures designed to favor the generationally wealthy.