I do not initiate any investments on margin. I use my own funds for investing in leveraged etfs. If a firm wants to provide leverage for me with their investment vehicle, I should have the right to utilize it without any interference from your organization. The last time I checked, this is still a free country, although sliding into the abyss, rapidly thanks to organizations like yourself. It is my money to win or lose. What is the difference if I traded much more highly speculative, futures or options?...no tests required? I completely understand leverage and how it is used.

I have been investing for many years and it is just un-american to try to stop normal up standing American citizens from the right to make their own investment decisions. It is important that each individual have the right to choose the best investments for their family. All investments should be available to all of the public, not just the privileged super-rich who then take advantage of the rest of the population.

I should be able to choose the investments that are right for me and shouldn't have to go through any special process like passing a test before being able to invest in leveraged funds. The choice and risk is mine!

I use leveraged and inverse funds as a way to balance my portfolio and am fully aware of risks involved. This allows me to manage my investments on my own. I strongly believe that this and all investment options should be available to regular retail investors and I should not be made to pay commissions to a fund manager to be able to utilize these instruments. This is an important part of my investment strategy and I will have much reduced income and growth potential if I am not able to use these funds.

Your proposed regulation is counterintuitive. Most investors are well aware of the risk/reward offer by these investment vehicles. Do NOT impose these regulations.

Individual investors should be free to make their own investment choices in well regulated markets. Taking away or making it more difficult to invest in leveraged and inverse financial products could drive investors away from regulated markets and subject them to increased fraud. The risks associated with these products is already well documented in the prospectus. These types of investment products help level the field between large sophisticated investment groups and small individual investors.

Greetings to the FINRA representatives reading this!
I strongly believe that limiting our ability as investors to trade leveraged or inverse ETFs is a huge mistake for you to make.
The beauty of the Free Market is that everyone can participate freely in it and can profit from their decisions. Leveraged ETFs help traders and investors across the nation achieve their desired results and objectives much more successfully than normal funds.
The access to those funds should remain free to everyone and easy to use!

I oppose restrictions to my right to invest in leveraged funds.

These leveraged funds are very instrumental in my investment strategy. I use leveraged funds for a small percentage of my total portfolio, buying more shares when prices are low and buying fewer shares when prices rise.
This is a volume averaging strategy involving a double leveraged mid cap etf and a triple leveraged nasdaq fund.
Again for only a small percentage of my portfolio, but a very important one for seeking enhanced returns.

It's my money and I CHOOSE how I want to invest that money.
I ACCEPT the risk.

ProShares is NOT Bernie Madoff.

I have a lot to lose if I CHOOSE poorly.
So, I am careful.

I strongly oppose to this regulation.