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Johnny West Comment On Regulatory Notice 22-08

I am a sophisticated investor with 45 years experience in investing in the stock market I have mutual funds, bond funds, and stocks in my portfolio. It is an investment built over the years to its current value of 2.2 million dollars. I could net have done this without the Leveraged funds I have invested in. I use the them as a long term investment and I use the inverse funds like TQQQ as a hedging device for long positions in the market. They are critical in my portfolio.

I believe it is my right to invest in any publicly held stock.

Scott Sandus Comment On Regulatory Notice 22-08

I have the capability of making my own investment decisions. A lot of people have investment strategies using these products and know the risks and do not put their life savings them.
I actually have a Series 7 license and understand the risks. There are others that do not have a license but are traders that make a living of trading. I do not feel the government needs to regulate. There is not widespread people losing everything. If there are people sustaining losses, those are the ones who need financial planning. Do not lump everyone into the same group!

Brian Becker Comment On Regulatory Notice 22-08

As a small private investor, I am well aware of risks associated with the various vehicles available on the markets, including inverse funds and leveraged funds. While not core, these are tools that sometimes make sense, and they should not be placed behind barriers that inhibit or even prohibit my access to them. I do not require and do not welcome regulations that block my ability to implement strategies to protect my investments or even take advantage of special circumstances to enhance my earnings.