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Harold Brandt Comment On Regulatory Notice 22-08

I have been a successful investor for about 40 years and have been invested in leveraged index funds for about the past 30. My portfolio value from the 2008 recession to the end of 2021 nearly quintupled. I fully understand the risk of leveraged fund investing and I offset that risk through diversification, i.e., spreading my investments among a variety of in major index and sector index funds. I categorically object to any attempt at regulating my public investment choices.

Jeffrey Miller Comment On Regulatory Notice 22-08

I have bought and sold shares in TQQQ for many years and used them judiciously in my portfolio. They were instrumental in helping me recover from the Covid correction in March 2020. I am well aware of the risks involved in owning a leveraged fund as well as the ETF decay associated with this fund. TQQQ has been extremely valuable to my investment strategy. Anything other than a broker alert that you are buying a leveraged or inverse leveraged fund is overregulation in my opinion.