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Manish Punjabi Comment On Regulatory Notice 22-08

I oppose the proposed restrictions on leveraged and inverse funds. I am already an accredited investor and my use of leveraged funds make up only a tiny portion of my net worth. I understand the risks and see no reason to restrict access to these and other products. They are already inherently less risky than other readily available products like options, crypto, certain poorly run private opportunities, etc. Let people decide for themselves, we already know there are risks and can choose to make decisions for ourselves. Thanks.

Gregg Butler Comment On Regulatory Notice 22-08

I am strongly opposed to any new regulations that would hinder an investor's ability to navigate today's complex markets. Tools such as leveraged and inverse funds are critical to the ability to hedge a portfolio. In fact, I find the existing rules to be somewhat arbitrary and onerous.

More regulation does not help the individual investor but rather, undermines their ability to mitigate risk and serves only the interests of large incumbent institutions.

Logan Goldstein Comment On Regulatory Notice 22-08

As an informed and educated professional, I should have the right to invest in whatever funds I please. Leveraged ETFS in particular do not pose a risk to my personal financial freedom or wealth. As someone who has read the prospectus of UPRO, TQQQ and TMF, I feel that it is my right as an American to express myself freely supporting these leveraged funds. I know the risks that come with these funds, and they allow me to seek advantageous returns while not risking more than my initial capital investment.