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Roger Thomas Comment On Regulatory Notice 22-08

I consider investing my own money a decision that I am fully capable of making without additional controls. The changes being considered to gate who has access to leveraged and inverse ETFs/Funds are barriers to entry. Personally, I use them in my investing to better manage market downturns and to gain better returns. In 2020 when the market was getting hammered, I was able to invest in an inverse ETF which significantly protected my down side. More recently, I was able to invest in a leveraged ETF which brought me significant returns.

Scott Kuehn Comment On Regulatory Notice 22-08

Leveraged ETFs are an important part of my investing strategy. Of course, each individual needs to understand how these investment vehicles are designed and meant to perform, the pros and cons for them in an investment strategy, and most importantly, the risks.

But just like we don't ban automobiles because they are dangerous, but instead install seatbelts and require a license to drive, a blanket banning of leveraged ETFs for the individual retail investor would be akin to taking away one's vehicle. Don't do that!