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Michael Niemiec Comment On Regulatory Notice 22-08

Frankly, I find this federal overreach. This regulation would be taking away my ability to hedge long positions in my portfolio with leveraged short positions, thus allowing me to reduce execution costs, margin costs etc. Frankly it also props up the buy side dealers in their offering of more expensive hedging products. These types of ETF's are a simple way to hedge and do not need any additional regulation. Not to mention that the regulation is, I suspect intentionally vague. A BAD IDEA!!!!

Kevin Momber Comment On Regulatory Notice 22-08

As a retail investor, I find it insulting and disrespectful that FINRA could think that leveraged and inverse ETFs and other products are too complex for the retail investor to use and that you need to protect us from these products. I have used various leveraged and inverse products for many years and had made significant amounts of money trading with these important tools. If you remove these tools, people won't stop taking risks that you probably deem unsound or foolhardy.

Steven Heimowitz Comment On Regulatory Notice 22-08

Hi,

I use leveraged products as a part of my portfolio allocation.

I dont know if you have read the 2008 paper by Yale researchers Ayres and Nalenluff titled, Life-Cycle Investing and Leverage: Buying Stock on Margin Can Reduce Retirement Risk.

In this paper, they detail how the use of leverage in stocks for young investors can REDUCE the risk those investors will not have enough in retirement.

Michael Fillmore Comment On Regulatory Notice 22-08

I, not regulators, should be free to determine what public investment are suitable for myself and my family.
I'm fully capable of understanding the risks inherent in leveraged and inverse public securities products without passing a test from regulators.
Products such as these are quite useful for me to partially hedge and enhance my investment returns and should be available to all of the public, not just some.

Kyle McGrath Comment On Regulatory Notice 22-08

Dear Regulators, I am a competent and fully-empowered citizen who is able to make my own decisions in life. If I decide to invest in a product, I do so on my own free well. I should be able to invest in whatever products that I want. Rich and well-connected elites, often using overseas connections, easily evade your regulations, so you are only stopping little guys like me from doing what I want. There should be no special processes or any other restrictions. Mind your own businesses.