How dare you think that we are not capable of making our own investment decisions regarding leveraged inverse funds. I have been doing so for years, and even if I hadn't, I don't need your permission to invest my money and make my risk/reward decisions. I strongly oppose having to jump through hoops you create and to get a broker's permission to invest in anything I want, and I oppose your proposed regulation in the strongest possible terms.

I use funds like FAZ, SDS, and SQQQ as portfolio insurance to mitigate the wild market gyrations we have witnessed in 2008/2009, 2020, and even right now(?). Using funds like these I can achieve strong upsides in a down market while my losses are limited to what I have invested. Instead, regulate the program selling, the short selling, the futures market where I could lose far more than my current position.

Dear FINRA, the fundamental question you should ask is this: "Are you, as an investor, competent enough to make your own investment decisions (whether they are "complex" or otherwise)"? If one answer's this question as "Yes" then FINRA should have no further involvement. If one answers this question as "No" then FINRA, at most, should recommend sources to educate those persons to become better informed. I am against Regulatory Notice 22-08 and think it should be stopped, with no further taxpayer money being used to impose its will.

I use leveraged funds as just one part of a diverse portfolio. I understand the risks of investing in these funds and believe they should be available to all investors, not restricted. These funds are not unique in carrying risks-ordinary securities carry risk and reward that require knowledgeable investment strategies. Please don't place unnecessary burdens on these investments.

Retail investors need to have the right to invest and I oppose any restrictions on my right to invest. I completely understand the leveraged and inverse funds and their risk and are extremely important for my investment strategies, which I use for my portfolio. Any change made here on the right to invest is extremely concerning for me as a retail investor and I need these tools to use in future as have been using in the past and now.

I do not believe that I need any help selecting or de-selecting my personal investments. Nor does anyone else.

Investment criteria are personal choices and it is up to the individual to be responsible for gaining the information required to vet the products on offer and then determine for themselves whether these vehicles meet their criteria and in their best judgement serve their investment goals and objectives

As an individual investor I trade many different leveraged ETFs and am fully aware of the risks. I have been trading for 20 years and am well educated about the markets. I also am a member of several stock market investment clubs. Please leave things the way they are now. Everyone should have the opportunity to invest as they see fit and we are all aware of the risks of trading and the potential loss of capital.

George Kredel

I support the regulation. It is our civic responsibility to deter suicidal actions and for many self deemed investors this is exactly what these financial instruments afford. FINRA has been, and is doing, the right thing.

I strongly oppose any measures to restrict my ability to choose my investments. I don't need some nanny-state regulator telling me what I can or cannot do regarding my investments. I fully understand the risk of leveraged and inverse funds--probably better than most would-be regulators.

Inverse and leveraged ETFs are a great way to hedge. I am using one (SH) right now to hedge the downside of a professionally managed 60/40 portion of my portfolio. Please don't make it more difficult for me to manage my money.

I normally use the -1X to hedge. I use -2X or more only if I am convinced that I am directionally correct as they have considerable frictional costs. These funds aren't that difficult to understand, and they can be very helpful.