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Todd O'Neil Comment On Regulatory Notice 22-08

I have been responsibly using leveraged ETFs as a single-digit percentage of my portfolio for almost three years now, and I personally find the notion that they now could be restricted from individual investors to be utterly outrageous. I am stuck dealing with grossly subpar investments via my pension and Social Security (while I understand the rationale for Social Security writ large), and I have used leverage to increase exposure to risk assets in lieu of being able to do so with investment funds handled on my behalf in such instances.