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Kenneth Edlund Comment On Regulatory Notice 22-08

I, the investor, and not you, the regulators, should be the one to choose the public investments that are right for me.
This is a matter of basic principle, and therefore of first importance: PUBLIC investments should be available to ALL the public, not just the privileged, who are already more than privileged enough.

What you propose is part of an insulting trend: the "Nanny State" deciding it knows best and should protect us stupid rubes from ourselves. This has no place in what one hopes is still a free country.

Ray Jang Comment On Regulatory Notice 22-08

The purpose of restricting individual investors to purchase leverage ETFs by FINRA is questionable since my stock broker, Fidelity, already informs investors volatility and risks of losing capital seriously. Those who are trading leveraged ETFs are well aware of the consequences and ready to be responsible for high market volatility. In reality, most of novice individual traders don't know what leverage ETFs are. Some of leveraged ETFs with underlying indexes such as S&P 500 and NASDAQ 100 provide exceptional capital diversification among the top-class companies in the world.