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Rudy Brown Comment On Regulatory Notice 22-08

Everyone should have the ability to invest in leveraged investments as long as they understand the risks. Placing restrictions on the small investor creates disadvantages while large institutions take advantage of opportunities. Leveraged investments as long as they are not your entire portfolio allows the small investor to maximize profits without placing large amounts of capital at risk. Please do not take this option away from us.

Yian Berberian Comment On Regulatory Notice 22-08

I use leveraged funds to enhance the performance of my long-term portfolio and rebalance them systematically on a quarterly basis. I know what I am doing. The proper use of these leveraged products is a key part of my financial plan.

These funds are important to me. They improve my performance over the long term. I am not engaged in reckless trading, I understand the effect of daily magnification of an indexs price movement, and I use this magnification to my advantage.