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Joel Chodos Comment On Regulatory Notice 22-08

Investors should be able to choose what public investments are right for them and investors should not be unreasonably restricted by various tests and hurdles before investing . There should however be warnings messages in plain language for certain funds that have high risk. Warnings, however, should not be road blocks. I do invest in inverse and leveraged funds and understand their risks.

Lin Tian Comment On Regulatory Notice 22-08

I oppose restrictions on my right to invest in leveraged or inverse funds. These funds are important compositions of my portfolio. It makes investment more rewarding for many of us. Without these funds, I will have to invest in stock options instead when I want to use leverage. The restriction on my rights makes it unfair for me in comparison with investment agencies who have more resources, more information, and more professional techniques.

Douglas Berry Comment On Regulatory Notice 22-08

It is absolutely essential that everyone be free to select any and all investments they wish to participate in without restrictions. Investing should never be reserved for just privileged individuals or be subject to special tests or other requirements. It has been widely accepted over the years that there are substantial risks involved with all investments. It is a learning process involving much research and a bit of trial and error, but a basic freedom none the less.