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Jordan Smith Comment On Regulatory Notice 22-08

Hello FINRA,

These types of restrictions take away the opportunity for retail investors to engage in leveraged investing. It should be understood that by eliminating this you would take away the opportunity for investors to take on additional risk based on tolerance of the individual. Please consider that investments regulations should mitigate extreme risk. In these instances most investors would only lose only the capital they placed. Please consider tha tall retail investors understand that an investment could go to zero. Do not protect us from risks we already understand.

Richard Ellenbogen Comment On Regulatory Notice 22-08

I have been using leveraged EFT's for many years and that is a major source of my yearly income. I'm well aware of the risks and I'm willing to take those risks. I've educated myself over the years in most aspects of the stock markets and use options extensively. Most financial advisors know little about using these investment techniques and are afraid to recommend them. If investors would educated themselves, none of this would need to even be discussed. Bonds are supposed to be safe, but look what has happened to bond values in the past six months.