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Devon Sindt Comment On Regulatory Notice 22-08

This rule is unacceptable. There is no place to limit "risky" investments from the people. If someone decides to invest in something they do not fully understand, they are accepting the risk that they may loose significant amounts of money. There is no reason to protect people from these. Everyone should be provided with free choice to invest where they wish. Worst case scenario, they loose their money, which is their own risk they have accepted.

Robert Johnson Comment On Regulatory Notice 22-08

I am a Registered Investment Advisor representative and over the past 17 years have used leveraged ProFunds mutual funds (1.5x to 2x) for select clients. The clients are personally selected as to risk/reward factors in addition to their total investable assets available. These leveraged mutual funds make up no more than roughly 20% of total investable assets available to the individual client. THEY ARE AN IMPORTANT CHOICE OUR CLIENTS AND OUR FIRM WISH TO CONTINUE TO HAVE AVAILABLE.

Walter Slotarski Comment On Regulatory Notice 22-08

I should be able to choose the investments that are right for me. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. Leveraged and inverse funds are important to my investment strategies and are a limited part of my portfolio. Therefore, I do not need these restrictions imposed on me directly or indirectly through my managed accounts.