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Mark Shryock Comment On Regulatory Notice 22-08

I believe access to these funds should not be limited, but I believe an understanding of the risks associated with their purchase should be affirmed by the purchaser. I am a retired Registered Investment Adviser and use inverse and leveraged products to hedge my personal accounts. This is an inexpensive approach to hedging that does not involve options trading. But I believe the ownership of these products has limited use and that they should not be held long-term in any account, due to price degradation when market indexes are relatively stable.

Douglas Kelly Comment On Regulatory Notice 22-08

I strongly oppose the proposed restrictions and regulations currently being considered. I believe that I should be able to choose the investments that are best for me without hinderance from government regulators. My investment in leveraged funds are an important part of my investment strategy. I should not have to pass any tests or demonstrate my understanding of leveraged funds and their risks. Current explanations of leveraged funds and their risks are adequate.

Richard Throckmorton Comment On Regulatory Notice 22-08

To Whom It May Concern:

I have invested in TQQQ's and other products for the last 8 years and do not believe that the proposed new regulations are clear cut nor necessary.
I am 72 years of age and have been in and out of the market for decades. I feel that I have had and do have ample resources of knowledge and common sense to continue investing, not speculating, in this market. I appreciate your concern, however, I feel that this proposal will actually decrease the market's openness and arm's length market pricing.
Thani you!