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Mark Frederick Comment On Regulatory Notice 22-08

I use leveraged and inverse funds regularly in my investment strategy. They are an integral part of my portfolio. I am fully capable of understanding all the risks associated with these funds and have knowingly chosen to include them in my portfolio after analyzing those risks. The brokerage firms already require signed documents in order to trade these instruments and they also give warnings before initiating trades.

Anne Gruscinski Comment On Regulatory Notice 22-08

Dear Friends, I have been investing since I was 17 years old, beginning with US Savings Bonds. With time, various employment, and higher wages, my investment strategies obviously changed from those beginnings. I now have a very diversified portfolio, which includes investments in ProShares. The recent news concerning potential regulatory changes is distressing. I do not agree with potential limitations to my ability to invest as I choose.