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David Sorensen Comment On Regulatory Notice 22-08

As a small individual investor I frequently use leveraged and/or inverse funds. I have for years and am aware of the additional risk involved in using such investment vehicles. Usually I use these funds to take advantage of short term market trends. To suggest that some special knowledge, other than reading the prospectus, is absurd. And implementing a net worth requirement will ultimately exclude small investors from utilizing investment opportunities which have been available for some time.

Kevin Cun Comment On Regulatory Notice 22-08

Regulators,

I am an educated investor who has invested for 10+ years. I have educated myself through research and advise from my broker on how these securities work. I've learned great lessons from both the ups and downs. I have built a portfolio that is long the market. I use inverse instruments as a hedge against a downturn. Without these safeguards, I would be more exposed to risk and be highly concerned.

Yuri P Comment On Regulatory Notice 22-08

How dare you try to limit what I can and can not buy. It is absolutely none of your business what I do with my money as long as my actions fit within the confines of the law. Risk is an inherent factor of market involvement and it is each investor's duty to mitigate that risk for themselves, not yours. Imposing arbitrary limitations limits both the agency of the investor and their goals rather than offering retail investors the "protection" that you tout.