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Michael Curtis Comment On Regulatory Notice 22-08

This is very foolish. Yes, people can lose a lot of money with inverse funds, but they can lose a lot of money going long on any stock if they hold it too long. Bonds are not a good investment right now and neither are stocks. There is no other choice when the market is dropping every week than to buy inverse funds. Yes, you should never hold them for long, but anyone with a brain doesn't. Why do I need certificate to invest in these funds rather than any others?

William Kaufman Comment On Regulatory Notice 22-08

I strongly feel that changeing the regulatory rules involving the ability for investors to choose the investments of thier choice would be a disaster. This would only benifit the the wealthy and penalize the small investor. Goverment regulators have a very poor record of getting thing right for the small investors. It is typicially insulting for regulators to think they can manage investment choices better than the individual. We do not need these measures imposed on us. Leveraged and inverse funds are important to my

Anonymous Comment On Regulatory Notice 22-08

I am a financial professional. I used to work for market dealer and I was not allowed to trade options. Leveraged ETFs gave me the opportunity to get some leverage and get a piece of the returns reserved only for big players like Hedge funds and Investment banks. I started trading options after I left the broker dealer. I was fully educated and knowledgeable of how to manage risk. Good market returns should be available to all retail investors. They should not be reserved to Hedge funds and other market dealers.