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Phyllis Price Comment On Regulatory Notice 22-08

I am writing to the FINRA to express my concerns about proposed restrictions that would inhibit my ability to freely invest in leveraged and inverse ETFs.

I am an adult and I am able to make trades of my choice.

I dont want to have to endure going through any draconian measures imposed upon me or my family members before buying a leveraged or inverse ETF.

I have traded ETFs of this nature in the past, and I have been successful and unsuccessful.

I am able to live with the consequences of my decisions.

James Wesselkamper Comment On Regulatory Notice 22-08

Use of leveraged ETFs is a small but important part of my investment strategies. These instruments are used at times for both leveraging and hedging. Additional restrictions around the use of these ETFs are not beneficial to the consumer. As an investor I am well aware of how leveraged ETFs work and the increased risk they bring to my portfolio. Additional restrictions about what investment vehicles the retail investor is allowed to and not allowed to investment are not of benefit.

Steve Wolf Comment On Regulatory Notice 22-08

Regulation of these critical investment tools is wrong. Okay to buy long only equity index etfs and leveraged long etfs but not inverse etfs or leveraged inverse etfs ? Come on people why arent individual investors allowed to make money no matter the market direction? I recall the federal government tried to ban short selling financial stocks and indexes during the financial crisis in fall of 2008! But its still okay to buy stocks like Peleton and Paypal and watch those decline 90%? Or buy the QQQ and have it decline 80 pct like in 2000-2003? Or look at IBB (biotechs) Now!