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Carri Craver Comment On Regulatory Notice 22-08

Inverse funds are needed. Understanding them is not any more complex than standard market funds. I understand their risks. More important I understand not having them as an option gives me no option to be in the market when I see that fundamentals are unsound and prices are too high. These events maybe with some regularity. Retail investors should be able to hedge against a down turn in the market without using the riskier call options.

Herbert Siegert Comment On Regulatory Notice 22-08

I strongly oppose placing restrictions on what I as an informed investor can invest in. Although not the majority of my investments, leveraged funds are a cornerstone to my investment strategy. If the information is freely available, informative, and not deceptive, I do believe that FINRA should restrict access to what I can invest in. It should be up to the individual to determine the level of risk they are willing to assume.

Janice Lindsay-Watkins Comment On Regulatory Notice 22-08

Regulators should not have the right to impose any regulations on any American citizen that is investing their hard earned dollars into any stock of their choosing that they feel will benefit their future and the future of their family. The government benefits from capital gains taxes imposed on us already. To take away or regulate how we choose to use our money goes against our rights as an American.

Mark Heiman Comment On Regulatory Notice 22-08

I have been investing in these types of securities for a very long time especially if closed end funds are included in the list, it has been well over 20 years and I already understand the risks and have ridden through the crash of 1987, the tech bubble, crash of 2008-2009, etc.

I think these types of investments (leveraged funds, etc.) should not be any more regulated than they currently are and it concerns me the negative impact the regulation could have on existing shareholders as it would limit access to trading the funds and limit liquidity at least short term.