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Scott Kuehn Comment On Regulatory Notice 22-08

Leveraged ETFs are an important part of my investing strategy. Of course, each individual needs to understand how these investment vehicles are designed and meant to perform, the pros and cons for them in an investment strategy, and most importantly, the risks.

But just like we don't ban automobiles because they are dangerous, but instead install seatbelts and require a license to drive, a blanket banning of leveraged ETFs for the individual retail investor would be akin to taking away one's vehicle. Don't do that!

David Dehn Comment On Regulatory Notice 22-08

Do not impose restrictions on my rights to invest in leveraged and inverse funds. These funds are very useful in protecting my investments and enhancing my returns and used only as a limited part of my overall investment. These tools should not be limited to be used only by the privileged. They should be available to small independent investors, like myself. I do not need these regulatory measures imposed on me. Everyone is aware that there are risks involved with any investment.

Kenneth Andresen Comment On Regulatory Notice 22-08

Limiting investment options, such as leveraged and inverse funds, to those that meet special income or asset tests is clearly discriminatory. These types of restrictions allow for the wealthy to financially gain from certain economic opportunities, while investors who are economically challenged would not be allowed to take advantage. The government would be restricting people who freely desire to purchase a form of investment insurance from doing so. I find that these types of investments are often restricted or removed when they will be needed most. Who are you really protecting?

Steven Reiser Comment On Regulatory Notice 22-08

Hello, I wish to keep the ability to use leveraged and inverse ETFs in my trading. I use these to protect my account. For example, I use the 2x leveraged inverse treasury ETF (symbol TBT) to protect bond holdings in my portfolio as interest rates rise. I have used inverse Nasdaq 100 leveraged ETF (symbol SQQQ) to protect my holdings in technology stocks when the market enters a down trend. We need to allow the small investor to have these tools. If they are unavailable to us then we are at a disadvantage to the big banks and brokerages.

Vernon Sanders Comment On Regulatory Notice 22-08

I am writing to express my opposition to regulations being considered by the Financial Industry Regulatory Authority (FINRA), that may prevent me from being able to buy leveraged and inverse funds and other popular investments that may be deemed to be too complex for the average investor. I, as an individual, should have the ability to choose what investments are right for me. Public investments should be available to all of the investing public not just the privileged few. In addition, I should not have to pass some test to be able to invest in these public securities.