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Bob Jorgenson Comment On Regulatory Notice 22-08

If the irresponsible can't blow their money on these, they'll find another way - penny stocks, get rich schemes, etc. However, the responsible have spent years researching and educating themselves to responsibly and intelligently incorporate these into their portfolios. If you take these away, the responsible will have to work harder and research more for other investment vehicles that might get taken away later anyway. The irresponsible will always find new gambles, but the responsible might not find alternatives to these.

Jim Schad Comment On Regulatory Notice 22-08

I am opposed to FINRA restricting my ability as a private citizen to purchase securities that are currently available and may continue to be available to institutions. I doubt the funds would go away they would just be blocked for retail and available for insiders once again tipping the scales in favor of the market makers. These funds help to take positions without using margin or assuming unlimited losses on a short position. The inverse and leveraged funds really aren't "complex" at all they just have larger swings based on leverage.