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Nick Rhoads Comment On Regulatory Notice 22-08

It's absurd to restrict buying securities regardless of how much risk that they carry. If investors want to carry additional risk but purchasing leveraged ETFs or inverse funds they should be able to. No investor should have to go through extra steps to buy any security or go through a "cool down period." Leveraged funds are part of my diversified portfolio as a way to take on extra risk and restricting buying these securities would harm my portfolio.

Michael Vig Comment On Regulatory Notice 22-08

I am strongly against FINRAs proposed limits that may restrict access to L&I Funds or to disqualify me from trading L&I Funds or other "complex products".
I have a strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading, and that they should be monitored regularly.
My brokerage firm provides warnings in connection with my investments in L&I Funds, and their rationale.

Philip Pauze Comment On Regulatory Notice 22-08

I am a retired Principal of the NYSE and a retired Registered Representative. I oppose any regulatory requirements that would make it more difficult or even restrictive in the purchase of leveraged or inverse ETFs. Such decisions should be made by the investor and not by regulators. These funds can effectively be used by ALL investors as a method to enhance their portfolio or hedge a portfolio WITHOUT having to invest a dollar-for-dollar hedge.

Mills TenEyck Comment On Regulatory Notice 22-08

I see no reason I should be restricted from making money / profits from leveraged products as an individual investor. As an individual investor I want the ability to invest as I please without burdensome and frankly unnecessary impositions by regulators or obtaining the blessing of the provider of my brokerage account. While I could support limited net worth requirements I believe no one who invests in the market in naive to the extent that they do not realize all investments have inherent risks.