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Ralph Schoner Comment On Regulatory Notice 22-08

I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged Leveraged and inverse funds are important to my investment strategies. This has made it a lot easier for me to save for my retirement since I did not start saving until I was 40 years old. It has helped me secure a retirement that will help me so I am not broke or living off very little in retirement. If you do the research the leverage shares make it easier to make a good investment that produces a nice profit.

Raymond Achord Comment On Regulatory Notice 22-08

I do not need a regulator to tell me when and how I can invest in leveraged or inverse funds. They are easy products to understand and much less complicated than options. Inverse leveraged ETFs in particular, provide vital hedges against market volatility when one wishes to hold positions in common stocks they believe in, but understand market sentiment is going in a negative direction. This kind of positioning has been vital to my financial health. You are not doing any favors to retail investors by deeming only rich/institutional investors be allowed to invest in these funds.

Anthony Gallegos Comment On Regulatory Notice 22-08

Forcing Traders to only have an opportunity to make money
when the Market goes up will be like leading the Herd to the
slaughterhouse. It will be seen as usurious, and predatory.

The whole system/edifice is based on Confidence. If that is
Destroyed, the clients will seek other means to execute trades
like that of peer to peer transactions, leaving the brokerage house out of the "exchange" process. Just sayin'.

Jeffrey Hamilton Comment On Regulatory Notice 22-08

With over 40 years trading experience, inclusive of options, I utilize inverse ETFs as a means of insurance against unknown market events; typically limited to less than10% of total assets. These market tools are valid investments and like all tools in all disciples, when used correctly, enable individuals to complete tasks. Education NOT restriction should rule the day. We live in a free market society of willing buyers and willing sellers; we do not need excessive FINRA involvement; EDUCATION is the answer.