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Martin Szudarski Comment On Regulatory Notice 22-08

I have used ETF's that allow me to invest in movements in the to corn, soybeans, and oil for years. These allow a traditional investor to invest in a commodity without having to be a commodity trader or a holder of the actual commodity.

I LOVE funds that allow me to invest in LONG or SHORT positions against the DOW or Nasdaq indexes. This allows me to make money in any market condition.

Why would you limit my ability to make money under any market condition and with any commodity? The risk is the same when investing on stocks or other funds.

Don Werth Comment On Regulatory Notice 22-08

I am fully capable of choosing the investments appropriate for my situation. I should have the right to invest and take risk in anything legal investment that I see fit. It is my risk, no FINRA or anyone else's risk. Anyone investing knows they are taking the risk to lose some or all of their capital. We do not need special processes or tests to take. I already signed documents with my broker indicating an understanding of the risks involved. Stop stacking the deck against the retail investor with rules like limiting investments vehicles or day trading limits.

James Evans Comment On Regulatory Notice 22-08

I currently use a leveraged inverse fund to protect my portfolio. As it does not pay dividends, I'm not heavily in it, it only serves to protect my capital. While you should protect investors from fraud, this is simply not fraud. I have a right to invest any way I choose! If these types of investments didn't work, the market would take care of them. My portfolio would be much more vulnerable to large market shifts without these funds. I expect to continue to have unrestricted access to invest in these funds.

Charles Linart Comment On Regulatory Notice 22-08

These proposed regulations are outrageous. In a time when markets are posed to melt down, what other hedge does the average investor have but leveraged and inverse funds? These funds are not difficult to understand, certainly no more difficult than the average vastly overvalued equity or byzantine mutual fund.

This seems like a way of preventing normal investors from protecting ourselves in tumultuous times, not a way of protecting normal investors.

Chuck Elzy Comment On Regulatory Notice 22-08

I strongly object to the idea that an investor must go through a special process (like passing a test, special approval, etc.) in order to invest in public traded investments. Leveraged funds are important to my investment strategies. It allows for methods to hedge against losses and take advantage of opportunities created by these types of instruments. Currently there are protocols in place that all investors are constantly being warned by brokers of the inherent risks at all phases of the investment.

Jack Dodgen Comment On Regulatory Notice 22-08

Leveraged and inverse ETF products are fantastic tools that enable investors of every size to structure their own investment strategy. I personally use leveraged ETFs to generate market comparable returns while retaining a higher cash position than I would otherwise be able to do. I've also used inverse ETFs to protect my portfolio during falling markets. My young adult children invest in leveraged ETFs in their Roth IRAs to maximize long term investment gains.