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Mary Nichols Comment On Regulatory Notice 22-08

To FINRA administration: I OPPOSE the FINRA Regulatory Notice #22-08, which would limit my right to invest in inverse and leveraged funds which would threaten my financial objectives as an investor. I have been trading securities and funds in my personal and retirement accounts for over 30 years and should be able to choose the vehicles which I feel are appropriate for my portfolio and am aware of the risks involved. I have done my own due diligence in educating myself, as an investor, to understand the risks involved, including review of these funds prospectus.

Renato Pinheiro Comment On Regulatory Notice 22-08

I oppose limitations on my investments of Leveraged and Inverse ETFs. It is patronizing to think these investments are complex. We investors understand the risk and we can make our own decisions on trading or not! And to even propose only high net worth investors should trade it is ridiculous; what you are trying to do is to only let the rich profit. It is segregationist and against our American principles of equal opportunity to all. All Americans should have the same opportunities to invest regardless of education or net worth!

Delbert Ervin Comment On Regulatory Notice 22-08

As an investor, I should be able to invest in any public security I want even if it is a mistake. It's my money and I should be able to use (or waste it) as I want whether or not it unwise. The proposal limits the ability of small-time investors and reserves it only for the highest "elite" of the investment world. There is no clear definition of "complex products" which would allow you too much broad authority to define this term in whatever way you choose, to the detriment of small investors.