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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.

Mohammad Khan Comment On Regulatory Notice 22-08

Individuals not regulators should be able to choose the public investments that are right for them and their family. Public investments should be available to all of the public, not just the privileged. One shouldn't have to go through any special process like passing a test before one can invest in public securities, like leveraged and inverse funds. We are capable of understanding leveraged and inverse funds and their risks. Leveraged and inverse funds are important to one's investment strategies. They help one protect (hedge) one's investments and/or seek enhanced returns.

Paul Jakubowicz Comment On Regulatory Notice 22-08

The right to freely invest our money is no different than any other fundamental freedom in this country (although many are constantly under attack). Consumers have both the right and responsibility to educate themselves about the risks & rewards associated with any investment, make the personal choice, and accept responsibility for it. Financial regulations always have the perverse effect of limiting the public's freedoms and access to wealth, while concentrating the power and wealth in the hands of one privileged class or another. Freedom must always come first.

John Double Comment On Regulatory Notice 22-08

I oppose a retail ban on ETFs based on commodities because future trading is well beyond my risk tolerance as I've heard horror stories that are about bad futures investments. I would like to be able to invest in silver or gold and I wouldn't want to touch the futures market with a 10ft pole. I've had great success with Vix etf securities as I made a few hundred dollars just by paying attention to current events regarding the Ukraine crisis. I just made sure to take profit and get out of the trades when I was up 50 or 100 dollars per trade.