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Nikhil Hegde Comment On Regulatory Notice 22-08

I strongly oppose the proposed regulation of complex products that might include leveraged and inverse funds. The assumption that retail investors do not know what they are doing is flawed. The retail investor should be able to choose investments that are right for them and not the regulators. The investor shouldn't have to go through any course before getting an approval to trade in public securities - like leveraged and inverse funds. We are perfectly capable of understanding these funds and the risks associated with them.

Carolina Reyes Comment On Regulatory Notice 22-08

I am aware of the risks of using leveraged and inverse funds, since I have been studying them for 6 years. I also have a strategy to use them. I am not risking all of my portfolio, but only a very small percentage, which doesn't impact my long-term investments. Using leveraged and inverse funds are important for my strategies. For these reasons I do not need these measures that are being imposed on me.