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Andrew Moehlenbrock Comment On Regulatory Notice 22-08

I use inverse funds to hedge gains in other investments. I understand leveraged and inverse funds and know the risks involved. My portfolio is up 8% already this year, whereas the S&P is down ~14% since the beginning of 2022.

I oppose any restrictions or limitations on my right to invest in publicly available investments. I don't need to pass any test to be able to invest the way I feel is right for me.

Eric Thompson Comment On Regulatory Notice 22-08

Hey, I get it. In today's litigious society everyone wants to blame someone else for their own poor decisions. That's just part of where the world is going. I own my own mistakes and because of that I feel that I should be able to make my own decisions. I own small amounts of a few levered funds because it's fun. It adds a little excitement to an otherwise very conservative portfolio strategy. I feel that if I'm willing to take the risk of investing and the ETF/Fund issuer is willing to take on the risk of lawsuits, we should both be able to do what we want.

Steven Mesibov Comment On Regulatory Notice 22-08

In addition to my previous comments, please be aware that I (and ALL of my fellow leveraged investors) find it extremely frustrating that regulators want to limit or eliminate, one of the best investment strategies we have, that has worked so well for us in a wide range of market environments. Doing so, would be like taking money out of our pockets that we have worked so hard to earn. Please reconsider. Thank you!