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Stewart Rake Comment On Regulatory Notice 22-08

The ability for small investors to make money in the market is hard enough given all the advantages that Wall Street has been given. Now you are considering giving then another one. What is wrong with you?!? I have invested in leveraged and inverse funds for years and they are a critical income stream for retirement. Dont give Wall Street another advantage they dont need. As a regulator you dont have the right to tell me I cant invest in a product and allow the privileged few to continue.

Timothy Brazil Comment On Regulatory Notice 22-08

Hi, Having the ability to hedge my retirement funds is essential when there is high volatility in a high volatile world. The easiest way to do this is with a leveraged inverse ETF of the SP500 or Nasdaq. The drift risk in a leveraged inverse ETF is a lot les risky compared to options trading or short selling to hedge a portfolio. Options are complicated, expensive and short-term forms of insurance. Short selling is risky since there are infinite losses, expensive interest and I am responsible for paying dividends on the security I am short selling.