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Jung Hong Comment On Regulatory Notice 22-08

Dear regulators, Please be advised that I DO NOT WANT any restrictions on these funds. I want to keep the liberty of keeping these funds to invest and trade as freely available as much as any other stocks and ETFs. I completely understand the risk of the market and I do agree of such leveraged and hedge investment ETFs needs to protect as hedged and using as an asset inhancement for my needs for the future. Leveraged and inverse funs are very important part of my investment strategies for all of my portfolios including IRAs, 401k, and trading.

April Alfonso Comment On Regulatory Notice 22-08

I appreciate the independence to select appropriate investments for myself and my family. I have been a successful investor in these funds for a decade. Like everything in life, I imagine I could have faired better with some special, expensive training, but my returns from these investments alone will provide a year of private college for each of my two kids. Please let people make their own choices.

Daniel Hershberger Comment On Regulatory Notice 22-08

Gentle ladies and Gentlemen, I hope you do not prevent investors from using various forms of ETF's, structured funds, and all the other forms of investment vehicles that some of us like to use to protect and enhance our portfolios. Speaking for myself only, because I cannot speak for all the other market participants as there are too many and they have areas of expertise that I don't, some of those funds are a great help to me. In my case, I use leveraged funds which allows me to keep more of my resources in reserve rather than put them all at risk.

John Lupomech Comment On Regulatory Notice 22-08

I have been investing on my own for most of my adult life through a process that uses all means available to learn about the best methods and options to secure my family's future.

Investing is always risky, markets do not always continue to go up. However, through the use of leveraged funds I have an opportunity to boost my results above typical market returns while taking into consideration that these funds are only a complement to my overall investment strategy. I allocate their use with a small segment of my overall investments fully understanding the inherent risks.