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Robert Ayala Comment On Regulatory Notice 22-08

I have been investing in TQQQ, a Proshares investment tool for over a year and have made a lot of money with it. It has an element of risk to it. I understand the core of how it is invested. I know that it is designed for profits on a daily basis. I am not a day trader but the platform clearly follows a pattern of the NASDAQ, and is predictable. With the Fidelity platform it is easy to get in and out. The risks may not be for everyone and I would not think some people should be in it. but it has worked for me so far.

Rodney Bennett Comment On Regulatory Notice 22-08

I am concerned about my future ability to invest in various types of products that I have utilised over the last few years. I have invested in inverse ETF's, currency ETF's, Leveraged ETF's, foreign country or market ETF's, etc.

I should have the right to invest in these vehicles for the benefit of my family, and not be told what I can and cannot invest in. Anyone who is trading in these or any other investment vehicle is perfectly able to protect them selves by the appropriate monitoring of their investments and using stop orders and trailing losses.

Mary Tobleman Comment On Regulatory Notice 22-08

It is important to me to be able to hedge positions in my investment portfolio through the use of options and inverse funds without restrictions being placed on my ability to select and exercise these trade tools. It is especially useful in market environments like we are experiencing now. I wish to continue to be able to protect my investments when markets are in decline with the ease afforded by the use of leveraged and inverse funds.

Jacob Penner Comment On Regulatory Notice 22-08

I do not think that it is the job of the regulators to restrict my ability to invest in leveraged or inverse funds. The regulators or government should not burden me with restrictive tests or limit me from participating in investments that the more privileged enjoy. It is not the job of the regulators or government to tell me how to invest in a free market. By being able to participate freely in the stock market I can now chose to build my portfolio with lower risk, medium risk, and higher risk stocks.