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David Mohr Comment On Regulatory Notice 22-08

First I want to say that the money I use to invest or trade the market is mine and I should be able to use it as I see fit. I often use inverse funds to hedge or take advantage of short term pull backs in the market. It seems to me to be a lot easier to buy an inverse fund than to acquire shares to short or use an options strategy. I also often use long leveraged funds to take advantage of the short term upside in choppy markets. again it seems easier for me to buy a fund than to use options or pick stocks to go long.

Jeffrey Evans Comment On Regulatory Notice 22-08

Leveraged and inverse funds are important to protecting my portfolio of investments in my self-directed IRA accounts. These rights are no different than the right to invest in bank CD's or various bond investments, stocks, or options. Regulators need not impose restrictions on private investors making decisions on public investments. This is infringing on idividual rights to buy, sell and trade public securities and options contracts of securities and commodities.