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John Johnson Comment On Regulatory Notice 22-08

I am against any restriction on my ability (opportunity) to participate on an equal basis with other investors. I am an avid reader and an active investor and feel very capable of managing my own affairs. I have worked with money managers and 401K restrictions in the past and found they were limiting and unable to generate the returns I can investing myself. I see no reason to place restrictions on what I choose to invest in within my brokerage accounts, whether they are in an IRA, Roth or not.

Joel Cooke Comment On Regulatory Notice 22-08

I oppose the proposed action by FINRA. Many investors use leveraged products as insurance or hedges to counter market volatility. The proposal is a direct confrontation on my freedom to make my own investment decisions.

I have over 30 years of investment expertise and realize the risks in inverse and leveraged funds. They make up only a small portion of my total portfolio and are used to protect my equity positions.