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Paul Smith Comment On Regulatory Notice 22-08

I am currently an investor in leveraged and inverse instruments -- these are an important part of my investment strategy. Yes they require some extra work to understand, but they have proven to be a successful investment strategy for me. I do not think you should be regulating access to these vehicles -- the more you restrict access to vehicles like this to "priviledged" individuals, the more unbalanced the financial markets become. Force the right disclosures (which you already do) and then let the market function the way it is supposed to.

Wei Qian Comment On Regulatory Notice 22-08

It poses a severe threat towards market fairness. It's like preventing people from skiing because it's dangerous, but except the rich ones. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.

Michael Haddock Comment On Regulatory Notice 22-08

I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, 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. I am capable of understanding my investments and their risks. I do not need
these measures imposed on me.

Jack Bowman Comment On Regulatory Notice 22-08

I find it odd that FINRA would require individuals to possess a net worth of greater than 1.000.000 dollars or an income of over 200.000 a year in order to invest in leveraged ETFs. This effort blatantly furthers the financial disparity in the United States unequally allowing privileged individuals to create larger pools of wealth. No correlation exists between a persons competency and the size of their bank account. If an individual wishes to partake in an exceedingly risky venture then that decision should be left to the individual and should not be infringed upon by FINRA.