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Paul Teufel Comment On Regulatory Notice 22-08

As an investment professional, using these products in a responsible way with educated investors are an important to managing appropriate risk depending on market conditions. For less affluent retail investors who may not be able to use margin, options, or shorting strategies on their own, these products can give them access to strategies that can help them hedge their risk. These products are crucial to the democratization of financial markets as it gives retail investors some of the tools that only institutions could only use in the past for wealthy individuals.

Matthew Cline Comment On Regulatory Notice 22-08

FINRA administrator: I am writing to urge you to not infringe on my ability to direct my own investments, particularly regarding inverse or so-called "bear" funds. We have governmental bodies and procedures in place to determine if a person is mentally fit to manage their own affairs. Barring a determination that I am unfit to do so, I should have every right to invest my assets in the nature I deem most suitable to my own unique needs -- both within and outside of a 401k, 403b, or other similar plan.

William Boelk Comment On Regulatory Notice 22-08

I should be able to choose my investments.
It is ridculous to only allow these type of investments to certain groups of people. Especially the most wealthy! If you are investing you should be responsible for taking that risk and that is it, not regulated. These are publicly traded securities that I should not be locked out of accessing through a test and should be free and available to the public. Leveraged funds are critical investment strategies that allow you to reap enhanced rewards and protect your investments.