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James Anderson Comment On Regulatory Notice 22-08

I invest in leveraged funds, and I am completely against this proposal. Specifically, I combine the leveraged funds with the non-leveraged versions of the same targeted index to achieve my desired level of leverage. While my returns obviously lag the index in adverse market conditions, I vastly outperform the market in up periods. I never use the inverse funds, but I always incorporate the leveraged long funds (specifically TQQQ and UPRO) into my investment plan, and would most definitely be negatively affected by this proposed rule.

Edward Chu Comment On Regulatory Notice 22-08

Removing an investment option from public investors is not inline with free market ideals that the American stock market was built on. With regulations on what is allowed to be bought and sold by the public hindered it could erode trust in the American stock market. A good example would be how the Chinese stock markets are partially government controlled and therefore the citizens are not inclined to participate.