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Liang Lin Comment On Regulatory Notice 22-08

In the United States, each individual should and have the right to be responsible for ones own decisions regarding his/her own life matters, including ones assets and possessions. Everyone ought to be able to invest in all public securities, since they are to the public. Diversify ones portfolio is a balanced way to invest. Leveraged and inverse funds are part of the vehicles to diversity, which, if done correctly, could improve the long time performance of ones portfolio as long as one understand and control the risks from these funds.

Michael London Comment On Regulatory Notice 22-08

Leveraged funds are a vital part of my overall strategy. They are a small portion of my portfolio but they allow me a convenient vehicle to hedge short term risk, especially when I expect downward corrections. On rare occasions I have used them to enhance returns when strong uptrends are in place. Restricting these investments is unnecessary in a free market system and I urge you to keep these available to investors of all kinds.

Peter Esquinasi Comment On Regulatory Notice 22-08

This smells like a rat to me. I have seen leveraged ETFS taken away prior to large moves like the Natural Gas ETF UGAZ and USLV right before silver went up. It seems everyone is fine when a vehicle is a one way street to wall street pockets shorting them but as soon as the regular guy has a chance it is taken away. The risks to these are clearly spelled out and no action is required or warranted. Any limiting of these products will have me writing letters to agencies.