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Timothy Neal Comment On Regulatory Notice 22-08

I am writing due to possible restrictions on buying inverse funds. I feel it is everyone's right to invest in any public funds and they should not be limited to a few. Any investing has a certain amount of risk and there should not be certain funds that require additional training or a set amount of personal assets. I use inverse funds as part of my portfolio to hedge against the variations that come with a fluctuating market.

Donald Byrge Comment On Regulatory Notice 22-08

There is not any problem that needs to be solved with respect to leveraged and inverse ETFs. Leveraged and inverse ETFs are critical components of my trading and investing; they allow me to achieve enhanced returns and also help me to protect my portfolio during market downturns. I have actively traded and invested for over 30 years and monitor my accounts on a daily basis. I am certainly capable of understanding how leveraged and inverse ETFs perform in various market conditions over both short and long time periods.