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John Nieman Comment On Regulatory Notice 22-08

I oppose restrictions on my right to invest my own monies in any of the publicly traded securities which I choose. I do my research and if a security fits my investment and risk criteria, then I should be able to invest in it. Leveraged and inverse funds can be an important part of an individual's investment portfolio, providing enhanced potential returns without the risk of margin trading.

John Purcell Comment On Regulatory Notice 22-08

I don't understand how you can decide to limit investment opportunities on leveraged funds that I have bought for over a decade. This is absolutely insane. I know what I am investing in and have done well for over 20 years. It is disgusting that you would try to limit my ability to invest in something that I know well and are important to my investment strategies. These are legitimate investments and I should not have to prove anything to invest especially when we live in a country where freedom to invest is a right.

Kenneth Church Comment On Regulatory Notice 22-08

Once again, I have been Informed by ProShares that further restrictions are being considered on leveraged and inverse exchange traded funds. As I stated previously, these are among the best vehicles available in the market. I have made my living as an individual investor since February 1980. As I also stated, I have now used these vehicles for more than a decade and they have been consistently profitable in total. They are even more valuable in the current environment when there few opportunities to hedge current holdings or to seek profits.