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Robert Showalter Comment On Regulatory Notice 22-08

I strongly object to your proposal to limit my ability to invest in leveraged/inverse instruments. I am currently retired, age 85 & of sound mind & body. I am more than capable to use my own judgement without federal government interference. In fact at this time I am invested several million dollars in leveraged instruments & am besting major market averages by about 10% from the first of this year.

Rob Katvala Comment On Regulatory Notice 22-08

Absolutely absurd and that its being proposed that regular people should have to go through any special process
like passing a test before you can invest in public securities,
People are perfectly capable of understanding leveraged and inverse funds and their risks. The last thing we need is more government interference. If anything we should be eliminating the option for anyone in government to invest. Theyre all getting rich off of insider trading and no one does anything