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James Damon Comment On Regulatory Notice 22-08

Leveraged and inverse funds are needed for proper price discovery and liquidity. These products can be used to hedge a larger portfolio and thus reduce volatility not increase it. The much lower daily volume of leveraged funds compared to the volume of the base product clearly shows that these products are being used at a much, much lower volume and by many, many fewer traders. There is a reason for this. Traders of these products are professionals and must be allowed to continue to have these products available.

James Pyle Comment On Regulatory Notice 22-08

I do not wish for regulators to be able to chose the public investments that are right for me and my family. Such public investments should be available to all of the public not just the privileged.

I strongly object to having to use any special processes such as passing a test before being able to invest in public securities such as leveraged and inverse funds. Am fully capable of understanding leveraged and inverse funds and their related risks. I DONOT WANT SUCH MEASURES IMPOSED ON MY FREEDOM TO SELECT MY INVESTMENT METHODS!

James Jones Comment On Regulatory Notice 22-08

I certainly do not appreciate your attempt to restrict the public investments. If I choose to GIVE my money away, that is my choice, not yours. My inverse fund investing has helped hedge my losses in this most recent downturn, so why limit it? All investments carry risks and those risks are in your face, so to speak, when you make the investments. This is akin to free speech and should in no way be restricted!