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Sambasivan Amarnath Comment On Regulatory Notice 22-08

We at Shri Advisors have been deploying Leveraged ETFs like QLD SSO as part of a Tactical Asset Allocation Model for our Clients for several years. Our Clients have been satisfied in the manner in which we carefully manage risk for their portfolios. Any restrictions placed in the trading of Leveraged ETFs will severely impact our ability to act in the best interests of our Clients. We request the regulators not to put any restrictions or limitations on the trading of Leveraged ETFs.

Tom Robillard Comment On Regulatory Notice 22-08

Since savings accounts are, for all intents and purposes, gone or making an amount of interest smaller than inflation in a good year, I should have every right to pursue investments that interest me even if my starting capital is a small amount. It's ludicrous to tell me I can't invest because I'm not rich enough. Public securities are just that . . . . public. If we have a capitalist society, then all of this is especially true.

Hussein Abdulrasool Comment On Regulatory Notice 22-08

I strongly oppose any restriction placed on my ability to buy leveraged ETFs. I am a "smart" Retail investor who has done his homework, understand the risks and volatility that come with these leveraged ETFs and I want to be able to continue buying them.

They have given me sizeable gains over the long term.

Trading using margin or options is much more riskier. Options have expiry dates and you go broke. Using margin guarantees you will go broke, because the broker will sell your stocks at the worst possible time.