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Mr. Sater Comment On Regulatory Notice 22-08

It is easy to understand that, in the long run, markets go up and that, therefore, an inverse fund that shorts an index is not a profitable long-term investment.
But it is also obvious it can be used to hedge long investments and limit the impact of a catastrophic downturn. And since it is related to an index, it is much less volatile and risky than many individual stocks.
Therefore, I don't see any reason to regulate its use more that that of any regular stock.

I do not have any comment to make on leveraged funds.

Jason Schaffler Comment On Regulatory Notice 22-08

This is extremely disturbing information that FINRA would seek to limit individual investor access to more complex investment products. Retail investors are already saddled with significant disadvantages. This only serves to further stack the regulations against them. I invested in leveraged products fully aware of the inherent risks. To take these investments away from those retail investors that know and understand these risks in the name of protection is disingenuous at best.

Kristina Buehrig Comment On Regulatory Notice 22-08

Keep investing in the hands of the people. Leveraged funds are nearly all that I use to invest and I have had success with them. Rather than restrict what we have access to, keep the market a free market where we can seek enhanced returns based upon our own decisions on how to invest. ALL investing tools have risk, not just leveraged funds. There is no need to take these tools away from the average brokerage client except that you want to take power away from the people. Reconsider, and stop the power grab.