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Jeffrey Evans Comment On Regulatory Notice 22-08

Leveraged and inverse funds are important to protecting my portfolio of investments in my self-directed IRA accounts. These rights are no different than the right to invest in bank CD's or various bond investments, stocks, or options. Regulators need not impose restrictions on private investors making decisions on public investments. This is infringing on idividual rights to buy, sell and trade public securities and options contracts of securities and commodities.

Paul Woosley Comment On Regulatory Notice 22-08

I am a retail investor that has been successfully trading in leveraged investment vehicles for more than four years. These vehicles are important to my personal investment style and I am very comfortable with the EFT I have chosen.

Through my own study of the EFT and the prospectus provided by the fund, I am well acquainted with the risks inherently involved in the purchase and sale of my chosen EFT stock. I do not use an investment adviser.