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Krystol Bell Comment On Regulatory Notice 22-08

I have been investing for a while and run a systematic program of investing. Leveraged ETFs are very important to me and to my investing approach. I understand the risks and realize that there is a higher risk to any investment that involves leverage and this one is no different.

I do not want a third party evaluating my capability of managing these funds, and certainly do not want one preventing me from buying them.

Gary Roberts Comment On Regulatory Notice 22-08

It is highly discriminatory toward small investors like myself to limit our ability to invest in inverse and leveraged etfs. Small investors dont have the resources to short stocks and employ margin accounts to enhance their gains the way professionals do. An inverse etf allows you to hedge your portfolio during rising interest rates. If an etf goes against you all you need to do to protect yourself is employ stops when you buy to stop the bleeding. We dont need to be protected by the nanny state.

Deepam Thakker Comment On Regulatory Notice 22-08

I not regulators should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.

- Leveraged and inverse funds are important to my
investment strategies. I use leverage and inverse funds to benefit in different market conditions, including that they help me protect (hedge) my investments or seek enhanced returns, and if I use them as a limited part of my overall portfolio.