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John Pavek Comment On Regulatory Notice 22-08

An average American who chooses to invest in equities is competent and capable of understanding the various forms of investments and the related risk. Being able to invest in leveraged equities is a crucial part of both traditional investing as well as hedging strategies that are ABSOLUTELY ABLE TO BE EMPLOYED WELL by average people. Reducing the number of potential investments and investment instruments will make the general market LESS robust and MORE fragile.

Sue Lin Comment On Regulatory Notice 22-08

I believe all investments should be available to the public; imposing additional restrictions on leveraged and inverse funds is simply a way to preclude the public from investing in good vehicles, essentially reserving these investments for only the wealthy and privileged, which is contrary to the American ideals of justice and liberty for all. I have no problem understanding the theory, trading thesis, and fees of leveraged and inverse funds. There is no need for the government to impose additional tests or barriers to entry.