Comments:
I believe you are wrong in assuming that investors using leveraged products are not totally educated in the product. I am 75 years old and have been trading on my own fo over 40 years. I find using leveraged and inverse funds very useful in balancing my investments. I believe it would be a wrong move and an over reach to close this type of investment. Before I execute the buy or sell of this product I am amply informed by Merrill of the dangers.

I oppose the restrictions you're proposing on my right to invest in public investments.
It's my money, not yours. So it's my business, not yours to decide on!

I regularly use leveraged and inverse funds to hedge my investments. They are an invaluable tool and I use them in a sensible and limited capacity. I am not a "high net worth" individual. I find it offensive that FINRA would even consider taking these away from regular investors. This would just be further proof that this game is "rigged" for the big players. People like me are more than capable of making our own investment and trading decisions and we are fully capable of understanding the risks involved.

I oppose restrictions
on your right to invest in public investments.

Leave my investments alone. I am a big boy and been trading and investing for over 50 years. It is my money and I demand that FINRA stay out of my business.

Any move on your part to limit or control my, or other traders, abilities to invest shall be viewed as an attempt to interfere in my constitutional rights.

Leveraged risk can be highly risky but also highly rewarding. For a long term retail investor it allows me to take advantage of volatility and significant swings in the markets. No one has a foot on my neck telling me how to assess risk/reward ratios . Would be very upsetting if the small guy was unable to access these instruments .

Please do not implement restrictions on public trading of various Funds, ETFs, CDs or securities. Any limitations will only result in furthering the uneven distribution of wealth and inequalities in our society by limiting who will have access to certain types of investments.

Please do not create an environment where only elites will have access to certain investments.

Thank you.

This is not a free market regulation. I oppose it.

It poses a severe threat towards market fairness. It further discriminate retail traders or investors from choosing the financial products that fit their trading needs because institutional investors are free of using high leverage in their trading. We, as retail investors, are fully aware of conditions, fees and risks of leveraged index ETF. They should NOT be made available only to a small rich or privileged people. By limiting these products to retail traders, it will significantly raise the cost of building a portfolio that fits my goal of investing.

Comments: I believe that it is an overstep by FINRA to limit access to leveraged and inverse ETFs. By limiting access, FINRA is unduly infringing on the rights of free market participants. Providing education on these products to investors is more than appropriate, but limiting access would be an overstep. I, and all of the people I know personally, have a deep understanding of the characteristics and risks involved with leveraged and inverse funds. The vast majority of investors know that they are intended for short-term, active trading and should be monitored carefully.