Comments: I believe the rules are stringent enoughand most investor traders know these are short term instrumentsleave the rules alone

I use the inverse leveraged products to hedge my risk. For example, I bought a share of Google upon the advice of a broker acquaintance. I was worried about the upcoming earnings report, but wanted to hold onto my stock for the split coming this Summer. So I bought an inverse leveraged product for a few days to lessen my risk during earnings season. I did have an issue with the ProShares UVXY ETF. It didn't seem to be tracking the direction of the underlying VIX index for a couple of weeks. I emailed ProShares about this, but received no response. Leveraged products remind me of options.

Restricting trading of leverage products is unwarranted. The brokerage companies give you ample information and disclosures about the risks. This type of product is fast moving and should be monitored throughout the day. It is a short-term trade. Overnight positions are extremely dangerous. A product that offers 2X or 3X the underlying index is not complicated. It merely has higher risk reward potential.

I think that access to leveraged ETFs should not be limited because each investor knows the risk and they are a very useful alternative for the investor, any investment carries a risk and that is something that the investor knows

Comments: These L&I funds allow for simple day trading without the complexity of initiating margin and shorting procedures to obtain the same results. The platform on which I trade notes that these funds are not for long term investments and it details the risks. These funds are what allow me to easily outperform the market. Without them, I would need to waste an inordinate amount of time to achieve the same results.

Comments:I am an individual investor who trades ETFs. I strongly request you don't try to control my trading because you are trying to protect the person who would use a hair dryer in a bathtub full of water. In other words you can't fix stupid. So stop trying to fix it by limiting everybody else who are capable of reading and writing.

Comments I, an educated and experienced investor for over 50 years, utilize Direxion leveraged and inverse ETFs for my portfolios. All Direxion leveraged and inverse ETFs are intended for investors as I, with an in-depth understanding of the risks associated with seeking leveraged investment results, and I do actively monitor and manage my positions. I am aware that there is no guarantee that these Funds will meet their objective.

We already sign disclosures at brokerages warning us about the potential dangers of leveraged products. This is a huge slap in the face for retail investors and a ton of unnecessary road blocks for us that would separate us even further from institutional investors. The HUGE detrimental affect this would have on me would be insurmountable. I have leveraged ETF positions that are currently in the negative due to the recent market downturn, but that I whole heartedly know will rebound when the market recovers.

I would like to say that I like the Leveraged and Inverse Funds from Derexion. They allow the regular investor a change to trade both sides of the market. This is critical because of machine trading by Hedge funds. Thanks Greg Maher

Comments: I would be against limiting access to the leveraged indexes. These provide both diversity for small investors, while providing outsized returns at a lower cost than mutual funds. The TQQQ grew from $19 in March 2020 to $200 by Jan 2021 before a 2/1 split. It was up 1200% from Sept 2016 to Sept 2021. If FINRA is really looking out for investors, how is limiting such returns in the interests of small investors? Buying DIG a 2x oil ETF in Nov 2020 at $17 which then went up on the reopening of the economy to $157 on April 18, 2022... a return 9 fold in just 18 months.