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Andrew Robb Comment On Regulatory Notice 22-08

It is my belief that it is my right as an American to choose the public investments that are right for me. I should not have to go through a special process to invest in leveraged or inverse funds. I am an adult and capable of deciding what risks are appropriate for me. I do not need to pass a test to prove to a third party that I can do this, instead I ask: what makes regulators think they know what is best for me? Leveraged and inverse funds are important to me, and I use them strictly as risk capital, no more than 5% of my portfolio.

George Unger Comment On Regulatory Notice 22-08

I use many tools available to us investors helping me towards my financial goals. Some of the tools happen to be leveraged and inverse funds that you are currently looking at upending. To remove these tools from my toolbox is wrong.

I make the decision as to which investments that are done and any restrictions on my right to invest as we know today should not be put in place.

Having my financial goals, some of which use these tools, uprooted

John Levine Comment On Regulatory Notice 22-08

The current SEC regulation requiring no more than 3x exposure for your investment is adequate. The etf I use is tqqq, there is no significant chance of a diversified etf going to zero. These etfs are valuable because they allow investors to increase exposure without the high amount of skill needed to manage options. The proposed change is bad for these investors, and it will drive investors out of etfs and into options, where if it is your goal you can attain much more exposure already.