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JY Comment On Regulatory Notice 22-08

As an EDUCATED retail investor, I feel the current systems in place are a bit TOO RELAXED for retail investors/traders to access complex products. But an outright ban is also very, VERY WRONG. We may need to raise the barriers somewhat by requiring education AND a simplified form of registration (certifying they understand the risks and perhaps a small registration fee to make the point stick) from the investor/trader to allow trading of complex financial products, but certainly NOT A BAN. EDUCATED traders like myself know that complex products are for TRADING, not for INVESTING.

John LeFuerst Comment On Regulatory Notice 22-08

Leveraged funds have allowed me to expedite my path to retirement and provide a better life for my family. I am fully capable of managing my money with leveraged ETFs. Regulating these funds would directly reduce the tax impact and would impact the economy negatively as I would not be able to spend as much as I could otherwise. Please do not my right to invest FREELY in leveraged funds.