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Chuck Kwiatkowski Comment On Regulatory Notice 22-08

Leveraged and inverse funds are an important of investing for everyday Americans as well as for the privileged. On this May 5th sell off day...a tv talking blamed leveraged funds in part, but the day before had a very large gain and no credit was given to them at all. And if they do cancel these instruments will retail still get blamed for the sell off? Yes...that is what they call us. What we need is a rule that blocks brokers from trading against their customers. This should be a no brainer. It is bad enough that our orders are front run by h.s. machines.

Michael LaVette Comment On Regulatory Notice 22-08

I think this is a very bad idea. Restricting the every day investor's access to inverse funds is yet another way to keep him/ her from protecting a portfolio from any harmful or destructive actions committed by government and Wall Street actors. It would be yet another regulation that is blatantly rigging the game against the little guy. In a free country, people are supposed to be able to make their own investment choices, which they believe would be best for them and their family. There should not be a net worth threshold to qualify for this right to invest as you choose.

David Slater Comment On Regulatory Notice 22-09

I was Chairman of a Panel. At the Pretrial Hearing Claimant asked for an an Expedited Hearing as his client was elderly and ill. The attorneys had first been asked if the Panel , as constituted was satisfactory and t]both counsel agreed it was. The panel requested an expedited hearing and Respondent counsel advised they were too busy and not available. As Chairman i advised that an expedited hearing would be held. Respondent then advised the panel was not acceptable and I should be recused. I later learned the case was settled, but I received a complaint call from FINRA.