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Magda Metwally Comment On Regulatory Notice 22-08

I oppose restrictions to my right to invest. I should be able to choose the public investments that are right for me and my family. I shouldn't have to go through any special process like passing a test before I invest in a public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to my investment strategies and I use them as a limited part of my portfolio.

Eric Masselle Comment On Regulatory Notice 22-08

How dare you even think about making it more difficult for the general public to save for retirement. That you lump inverse funds along with leveraged funds is particularly damaging; you want the general public to try shorting stocks, really? You think that's less difficult than buying an inverse fund? Inverse ETFs are extremely important to my own trading, and have saved me more than once (think early 2020). But your attack on leveraged funds is also completely misguided -- you think you can remove risk from the market? Do any of you own Netflix?

Timothy Neal Comment On Regulatory Notice 22-08

I am writing due to possible restrictions on buying inverse funds. I feel it is everyone's right to invest in any public funds and they should not be limited to a few. Any investing has a certain amount of risk and there should not be certain funds that require additional training or a set amount of personal assets. I use inverse funds as part of my portfolio to hedge against the variations that come with a fluctuating market.