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Sarah Costa Comment On Regulatory Notice 22-08

Limited use of leveraged and leveraged inverse ETFs serve an important part of our family's investment portfolio; the risks associated with these products -- the impact of volatility on returns, tracking errors associated with holding leveraged ETPs longer than 1 day, etc. are *very* clearly spelled out in each ETP's prospectus, with most going so far as to provide tables to illustrate such risks.

Alice Clare Comment On Regulatory Notice 22-08

I definitely do not want FINRA to make any changes to Proposed Rule #22-08. Public traded funds need to remain public. This almost reminds me that I may not be ELITE enough to participate in what has always been available to the public. The thought of being tested to see if I know enough about these funds is ludicrous. I don't believe that FINRA should be awarded this kind of control over the public. This may affect my financial well-being in the future.