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Donald Ware Comment On Regulatory Notice 22-08

I have been informed that you intend on restricting, impairing or preventing my ability to purchase and sell proshares inverse ETF funds such as QID. I am currently using them as a hedge against adverse market conditions. As, regulators I do not believe you should restrict my rights to invest or hedge my current portfolio. If you do so, you will financially damage my assets in a down market. Leveraged and inverse funds are an important component to my strategies to make money and prevent loss.

Arnold B Allison Comment On Regulatory Notice 22-08

COMMENTS ON 22-08 You have made this request for comments so complicated that it is hard to follow. I will just list my ideas and you can try to sort them out. On my trip from model airplanes to airline captain I have made many replies that affected new FARs. This a free country and everyone should be able to risk some $ and try to make more $. This should include hedge funds, but limited to a portion of cash on hand and maybe a portion your last tax AGI. This limit should apply to selling options other than covered calls.

Stephen Pierett Comment On Regulatory Notice 22-08

I would like to state that I oppose any restrictions to my right to invest in what is right for my family. These are very complex times that have not been encountered in decades of economic and financial history. Leveraged and inverse funds are part of the tools available to investors to manage risk and create investment strategies, such as hedging a portfolio. Also, one should not have to go through special training to use these tools other than the review of literature that is provided by the brokerage.