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Paul Rarick Comment On Regulatory Notice 22-08

The ability to invest or trade using Inverse and Leveraged ETFs is critical to my ability to make gains. Especially when the government has the ability to completely destroy gains in the stock market through the Fed's money printing schemes, we individual investors need some way to go short on the market when it is prudent to do so. Just going to cash won't cut it either, since the dollar is being devalued daily and will eventually cease to exist.

Adam Walls Comment On Regulatory Notice 22-08

As an investor and an advisor, it's interesting to watch how our representatives deem it necessary to place restrictions on how consumers can invest. In my world, we often talk about how so many people go to college, and they work to obtain a business degree from people who have never owned a business and lived it in the real world. I understand, the investment should be able to offer the investor an opportunity, within reason, so as to give them the right to choose for themselves, and not to be taken advantage of by another. In this case however, some of the investments track an index.

Geoffrey Moore Comment On Regulatory Notice 22-08

I oppose limits on investing in leveraged instruments. I do so on both the long and short side, and also use options. I understand the risks and limits. If you impair these instruments you will be impairing my ability to generate extra income while hedging long exposure to my portfolio and economic risks (e.g., selling cash covered puts on short ETFs). Please stop impairing open investing, and focus your regulatory efforts on identifying and stopping fraudulent actors.

Gary Pereira Comment On Regulatory Notice 22-08

Regulators should not prohibit access to valuable investment tools that are designed to serve investors in achieving their goals, including retirement. Investors are responsible for choosing the proper investments for themselves and that SHOULD NOT require any measures imposed on investors that would require testing or minimum net worth requirements. Inverse and Leveraged ETF's are valuable investments that may be used in a variety of ways including ability to hedge your portfolio from market losses to enhancing returns when appropriate.