I 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 or those whom regulators arbitrarily deem worthy. I shouldn't have to go through any wasteful and inefficient bureaucratic process like passing a test before I can invest in public securities. The risks of leveraged and inverse funds are mine and are made clear to me through the fund managers and widely available information. I am capable of understanding leveraged and inverse funds.

No!!!!!!!!!!!!!!!!!!!!!!!

Comments: please let retail investors continue to invest in in Direxion products. I disagree proposing limiting access.

Investor should be able to choose the public
investments that are right for his/her own.
Public investments should be available to all of the public,
not just the privileged.

Please keep the freedom in investment. Investors should be fully responsible for their own decision on choices in their investments and should not be regulated. This is similar to the freedom in personal choice in education and employment. Both education and employment are major investments in peoples lives and no regulatory measures are imposed.

I should be able make investments of my choosing and accept the risk and the rewards. I know this is used to get the small investor out of the way!

I am retired and have been investing for 14 years. It has been a learning experience and I invest in some leveraged ETFs, very seldom in inverse funds because I am aware of their danger, and in fact for several years have not chosen to invest in any of them. The leveraged funds however have been helpful to me. I monitor them daily and during difficult market conditions, as right now, I reduce my use of them, in fact they make up only 5 per cent or less of my holdings right now. Their unique strategies add to my choices, and as a free American citizen I ought to have those choices.

Comments: A custodian of private individual accounts should provide a disclaimer when L&I funds are purchased. It should detail the risks and advise that it is not a long-term holding. No one should be restricted from purchasing these products. An informed individual should scale his or her risk tolerance before purchase.

There is always a winner and a loser in the global equities market and accordingly there is a side to every trade. To enforce that one may not buy certain securities also warrants the same restriction on selling of such securities. In other words - this should not be a notice that will be enforced, as you will be leaving plenty of investors on a figurative island.

Comments: Dear Sir or Madam - I would suggest that FINRA recommends investors simply be accredited.