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Gregory Ruttan Comment On Regulatory Notice 22-08

I would urge you not to place any new restrictions on leveraged ETF products. I am a retail investor and am interested in investing in these products for a small part of my portfolio as part of a high risk / high reward investment. Leveraged strategies have been used by large institutional and high net worth investors for some time and leveraged ETFs democratize access to them. It isn't fair to restrict access to leveraged ETFs while continuing to allow institutions or large individual investors to invest with leverage using other methods.

David Albright Comment On Regulatory Notice 22-08

I have been trading levered products for over 10 years now and hope to be able to have the option of doing so unfettered by unnecessary restrictions/regulations in the future.
While I agree that there are investors/traders in the market that use these instruments that are not fully aware of what they really are, the same can absolutely be said about every other ETF type products available on the market today as well as individual stocks by the way to a lesser degree. And since many traders - retail and larger investors alike - trade on margin, the leverage effect is the same.