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Barry Forman Comment On Regulatory Notice 22-08

I urge you NOT to restrict ordinary investors from trading leveraged and inverse ETFs for the following reasons:

1. Inverse and inverse leveraged ETFs are often the only vehicles available to ordinary investors to hedge their cash and retirement accounts in a down market, or even to profit from down markets. Wealthy investors have many means to do this. Taking these products away from ordinary investors puts them at an unfair disadvantage.

Csaba Gercsak Comment On Regulatory Notice 22-08

I am more than able to choose what investments and type of securities are right for me, not you! Public securities should be available to ALL and not just the privileged.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.