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David Meagher Comment On Regulatory Notice 22-08

I am now retired and age 76 but worked most of my career investing as a fiduciary on behalf of pensions, foundations, and endowment founds. I now invest my own IRA via ETrade and have sometimes used leveraged ETFs to manage risk. For example, since I hold some longer term corporate bonds I recently used the TBT ProShares ultrashort Treasury bond to hedge against the rise in interest rates. Please don't take this option away.

Norman Beznoska Comment On Regulatory Notice 22-08

Dear regulators, I am very concerned about your new proposals to limit the ability of individual investors to invest in leveraged or inverse funds. While this is being pursued under the guise of protecting individual investors, it instead harms individual investors by limiting their ability to invest in vehicles which are available to institutional investors. While I can understand having required reading materials to invest in higher risk vehicles, the remainder of the proposed regulations simply act as barriers to individual investors and make an even more uneven playing field.

Guang Chen Comment On Regulatory Notice 22-08

I, as an investor, should have the right to choose the public investments. Public investments should be available to all of the public. I should not have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I have already understood leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are a good source to help protect my investment and seek enhanced returns.

John Feyk Comment On Regulatory Notice 22-08

I have purchased ProShares, which counter fall in bond prices. These shares have provided great financial insurance during the recent substantial rise of interest rates. It is true that ProShares may be more difficult to understand than "simple" Government bonds, but I understand gain from ProShares versus loss of other investment funds. I also understand the "insurance" cost of ProShares if bond prices were to stay constant. Please do not pass regulations that hamper investment in ProShares and similar funds.

CJ Borngraber Comment On Regulatory Notice 22-08

I believe as a middle class citizen that I have the right to invest in funds. Public investments should be available to all not just the privileged.

Leveraged funds provide a hedge against inflation. Which is at a already high rate as it is now. I personally use them only for a small portion of my portfolio but I can see the use of them greatly. However, yes I do see there risk. As with an investment, of course it is of greater risk then typical