I am very concerned that I have heard that regulators are contemplating putting new requirements on individuals that want to invest in leveraged or inverse funds. I am an investor that has been investing in various stock, mutual funds, and ETFs for over 50 years. The advent of leveraged and inverse funds through the use of ETFs has greatly enhanced my capability to improve my investment returns. Prior to the advent of these vehicles, I was happy to have returns of 5% or 10% a year. Since including them in my investment strategies, my returns have increased to well over 25% per year.

This is proposal is another fine example of government intervention where none is needed. I know that this proposal is written by special interest groups driven by their profit motivation not for the best interest of the public. No one is going to invest in a leveraged fund unless they know what they are investing in. In no way should regulations require that investors go through any special process like passing a test before investing. This fund is an important component of my investment strategy, and I am fully aware of the downside risk.

Please do not pass this regulation as it puts unnecessary hardship and red tape on investing

I feel very strongly that I, as an everyday investor, should be allowed to invest freely without overreach. Leveraged and inverse funds are very important in day to day investing and are not too complicated for anyone to understand. Leveraged and inverse funds are excellent at protecting my assets or enhancing my returns in a good economy. I feel that only allowing some individuals to invest while limiting others would also be an unfair advantage to more affluent classes.

We should be able to invest in leverages share

I appreciate the individual right to invest in leveraged and inverse funds.

Your proposed changes are not needed and not wanted. Warnings are already in place on all leverages ETF purchases. Adding burdensome regulations would punish experienced traders who make their living trading these funds.

Public investments should be available to all of the public,
not just the privileged

Dear FINRA,

I strongly oppose any restrictions to my right to invest, including inverse and leveraged funds.

I cannot state how much I am opposed to excessive regulations taking away my freedom to invest as I so chose. I utilize put options on these types of leveraged funds such as UPRO and TQQQ to acquire shares tied to the S&P and Nasdaq at a very advantageous price and then sell covered calls against the shares once obtained. I can make upwards of 5% on my money each month with relatively conservative trades. Before I became aware of these funds I was using SPY and QQQ and investing the same roughly $500k in each, I was making only a little over 1%.