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Oranee Tawatnuntachai Comment On Regulatory Notice 22-08

Dear FINRA,

Your proposed rules for trading leveraged products especially net worth restriction will make rich become richer and poor become poorer. Rich will always have resources to meet regulations while poor will struggle to find time and resources to satisfy the regulations.

You should trust people to make decisions that fit their investment objectives regardless of their net worth.

James Webb Comment On Regulatory Notice 22-08

Let me decide what to trade and invest in, please.

* Leveraged and inverse funds are key parts of my investment strategy.
* They may be complex instruments under the hood, but they have simple, clear investment characteristics, the latter being what is investor facing.
* Leveraged/inverse ETFs and their underlying indexes are SEC approved, so additional regulation is not necessary and would be duplicative.