Dear FINRA, I will like the freedom to buy securities that accomplish my long term goals. Sometimes, my goals include buying leveraged ETF's. Please do not limit my access to these very important investment tools.

Comments: I do not support FINRAs proposed limits that may restrict access to L&I Funds or to disqualify me from trading L&I Funds or other "complex products". I have a strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading, and that they should be monitored regularly. My brokerage firms, Charles Schwab and Merrill Lynch, already provide warnings in connection with my investments in L&I Funds. These types of products provide an easy mechanism to protect or enhance portfolio performance.

Comments: I believe that FINRAs proposed limits would restrict my access to L&I Funds and/or disqualify me from trading L&I Funds or other "complex products". I have a strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading, and that they should be monitored regularly. The brokerage firm which custodies my account already provides in connection with your investments in L&I Funds. Thank you

Please do not limit the ability for investors to capitalize on and benefit from downward movements in various assets. For example, any rational investor would foresee (as I have) a rise in interest rates, and would predict a decline in the value of bonds. Since I had a strong conviction this way, I enjoyed the wonderful positive returns from a 2x negative fund, TBT. Please do not limit the ability for retail investors to express positions in strong ways, like ETF's that amplify the daily movement of assets - up or down.

I have the right to make MY OWN DECISIONS on ANY investment, including use of leveraged or inverse funds to help grow or protect investments.

We DONT need more regulations. Instead, we need better financial education and the schools at all grades fail to address this.

Comments: how many of you on the FINRA board are responsible for your own retirement? Ill bet you get a pension from the very government that Im betting will make a policy error. When The last fed President promised no more recessions, I wanted to find a way to bet against such arrogance. Not with your money, but mine. Ironically if Im right the IRS will tax me at a higher bracket. But if your wrong, and you take away my ability to leverage against the govs mistake, I am punished twice. Working forever to replace that money and paying for policy errors.

Comments: I have been in this business for over 50 years and one of my primary functions is to educated my client on what they are considering to invest in. It is time well spent so as not to have a customer say you did not tell me this or that. For someone else making the determination that this process was not achieved I am truly disappointed that an investment opportunity I recommended would be denied.

Comments:Limiting access to leveraged ETFs is the same as making it available only to an elite class or group.

Warning investors or traders of the higher risks of investing in or trading such ETFs could be sufficient and the way to go.

If someone is educated or trained or capable enough of investing in or trading the markets and of utilizing a trading platform, that person or entity is capable enough of taking responsibility for their decisions and actions.

Please, do not restrict Leveraged ETFs to a privileged few.

Thank you.

Leveraged and Inverse products came of age during the Great Recession and were somewhat misunderstood during that period. However, since that time the providers of these products have done a great job of educating current and would be customers.

I use these products as an advisor and personally and enjoy the ease of use when it comes to protecting client and personal investments against market volatility. I also use these products to enhance returns as we know historically the market trends up over time.

Regularly Use inverse funds as a head to my portfolio. Usually 80% long and 20% short. (Inverse). Provides an excellent hedge to my portfolio. Limiting my Inverse allocation will put my portfolio at higher risk - all the sector in the market go higher every year? Change sector allocation once a year.