It is imperative that the FINRA regulatory body focus its efforts on its broker dealers and more so its financial professionals than products themselves. We the people invest how we wish.

As a free citizen of the fine country, I should be without hinderance in my investment decisions. I do not need these restrictions on my investment decisions, that should not be the role of Government. Complex securities allow me as an educated investor to capitalize on my investment theses. Limiting my access to such securities will result in a loss of profit and an overall delimiting of my potential as an investor. They are fundamental because, Instead of risking 100% of my capital, I can put 50% of my capital into 2x leveraged fund, and keep the other 50% in cash.

I am an informed and educated retail investor and i make investments in leveraged ETFs that are indexed to various sectors to hedge risk. I need this ability and it is my right to invest as i see fit for my success. I believe investments tied to sector indices are no more riskier than individual stocks which i invest in as well.

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.
Leveraged and inverse funds are important to my investment strategies. These funds enable me to seek enhanced returns and they are a very limited part of my overall portfolio. I am capable of understanding leveraged and inverse funds and their risks.

I am opposed to this as a business owner

I not regulators should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.

the proposed rules are harmful to individual small investors

I should not be blocked from legal public investments that I have full knowledge of and am qualified to transact.

Thank you for taking time to read my comment. My biggest concern with this is what's next? The volatility of these products can be large, but there are plenty of very high volume company stocks with even more volatility then these 3x ETFs.

Compare UPRO with GME, AMC, SNDL, even TSLA. I would be at a loss to understand why I would be limited to trade UPRO but still be able to AMC, GME and plenty of other well known stocks.

You must allow people like me who choose to manage their own funds to properly hedge our investments when there's a market correction. Frankly, this appears to be a blatant attempt to protect an elite class of people (big banks, investment firms, etc.) while hurting another class of investors that want to properly protect their funds. If the market corrects, we shouldn't have to sit on the sidelines in cash especially during a time of unprecedented inflation when cash is consistently losing value. We should be able to put our money to work if we so choose.