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Scott Metcalf Comment On Regulatory Notice 22-08

Greetings,

I have been using inverse and leverage funds for years as a way to MITIGATE risk in my portfolio. They have proven time and again to be great vehicles for preserving wealth and capital in times of uncertainty. During the COVID crash, Inverse funds allowed me to hedge my portfolio quickly and easily and preserve most of my capital while the "buy and hold" crowd lost 30% of their portfolio in a matter of weeks.

John Garlington Comment On Regulatory Notice 22-08

I am not sure what the concern is with respect to these type of investments. I appreciate that they exist so I can take a bet that values will fall (inverse funds) and take a leveraged bet so as not to tie up too much of my money with the bet or hedge as the case may be. I believe the disclosures are adequate. I appreciate that you might be well intentioned with this approach, but I wonder how long it will be until you start restricting my ability to drink alcohol or sweet drinks, etc. in an effort to protect me from myself.

Thomas Sulik Comment On Regulatory Notice 22-08

I really don't appreciate when a governing body thinks it knows more then I do, especially in matters of finances when you all can't e-v-e-n keep your own house debt free.
So your regulation on leveraged funds - what do YOU Actually know about it, hmmm.
Do YOU invest??
If you did, you would NOT be making such stupid assumptions about the rest of us who make a conscious CHOICE when we invest in these products.
Go back to school - and stay there - don't come out into the real world - you and your regs do NOT belong here.