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Andy Roberts Comment On Regulatory Notice 22-08

I should be able to choose investments and the risk i am willing to accept. Leveraged and inverse funds are an important element of my investment strategy. These investments should be available to all the public and not just the privileged. Please do not restrict the opportunity to invest in leveraged funds. There is already a notice of the risk and it is well communicated to investors. Please do not put limits on who can invest in these products. Thank you

Aaron Shafter Comment On Regulatory Notice 22-08

I think this proposed legislation is misguided and goes way too far. It would be like banning the sale of alcohol because some irresponsible people get drunk and hurt themselves. I have used both leveraged and inverse ETFs to hedge my portfolio. Recently I used such ETFs to protect my positions in fixed income securities. If I was forced to sell my bonds and preferred stocks the market makers would have made money and I would have had to pay a capital gains tax. This legislation would transfer money from small investors to rich and powerful market makers.

Linda Faust Comment On Regulatory Notice 22-08

I resent that a government agency wants to take my right to choose what I wish to invest in. This is not (yet) a socialist country. Why do you think the people of this country are not smart enough to decide for themselves if an investment is right for them? Investing in a varied selection of assets is a way to PROTECT ourselves (portfolio) from certain types of market moves. Why should we be limited by yet another foolish regulation that will only hurt those who choose to invest in such things as leveraged and inverse funds.