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Douglas Hoeger Comment On Regulatory Notice 22-08

I should have the same rights and privileges as any other company or individual with regards to ALL stock market investment choices, including leveraged and inverse funds. First and foremost, the stock market is there for the public good, not the privileged few. I am fully capable of understanding the risks of investing and it is my responsibility to bear those risks. It is FINRA's responsibility to level the playing field so that the individual investor is neither penalized nor hindered from competing in a fair and open market.

Jeremy Rappoport Comment On Regulatory Notice 22-08

As a long time private investor, I have the right to decide on my investment strategies, not a regulator. Specifically, I recently invested in an inverse fund tailored for the current inflationary environment. I am well educated, and resent being forced to take a special test to be allowed to invest in ANY equity or debt instrument. A regulator controlled decision will damage my investment portfolio.

Allow me to make my own decisions, do not infringe on my right to invest as I see fit. No regulator should make that decision for me.

James Tom Comment On Regulatory Notice 22-08

I oppose having restrictions placed on leveraged ETF;s for the following reasons: 1. There are many individual securities (stocks and funds) that are more volatile than leveraged ETFs 2, Volatility is not risk and more meaningful is the trend of its moving average. e. Volatility provide investors an opportunity to achieve their objective in a shorter time period. Rather than impose restrictions to limit investors from being able to make timely transactions, regulators should provide suggestions or guidance on the use and benefits of leveraged ETFs.