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William Sloth Comment On Regulatory Notice 22-08

I am writing to express my concern about the potential regulations being considered by the Financial Industry Regulatory Authority (FINRA). If these regulations are enacted, it would restrict my ability to invest in leveraged and inverse funds, as well as many other popular investment vehicles that are deemed to be complex. I am a college student who is interested in investing in leveraged and inverse funds. I believe that these funds can be a great way to generate returns, and I should be able to invest in them without having to pass a test or get special approval.

Nicholas Marudas Comment On Regulatory Notice 22-08

The risks associated with leveraged and inverse ETFs along with warnings are clearly stated by all brokerage firms on a screen that appears every time one tries to purchase them. This is sensible regulation. Anyone who takes even a moment to read this screen would understand the risks. What is not sensible regulation is establishing purchasing barriers on people who read because some people do not.