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Jane Littlejohn Comment On Regulatory Notice 22-08

You (the Govt) does not have any right to limit or restric my investment decisions. This is unconstitutional and you have no such authority. Leveraged investments are part of my investing now. What would you do, FORCE ME to sell my investments at an inopportune time. If you would do such a thing, you will be liable for any investment losses you cause as well as missed opportunities for higher returns.

John Wolfe Comment On Regulatory Notice 22-08

I was alarmed to hear regulations are being considered by FINRA, which would severely restrict my being able to buy leveraged or inverse funds to invest for my family! The wonderful thing about Inverse or Leveraged Funds is that I can capture the same returns with 1/3 less Capital outlay A typical real life example for me would be if I... When I Invest 10,000 into 3X Inverse/Leveraged ETF and it earns 9% = $900 Return... Conversely, to earn that same $900 in a regular, similar ETF thats NOT a 3X ETF looks like-- WOULD NEED $30,000 into Regular ETF and it earns 3% = $900 Return...

Thomas Harrow Comment On Regulatory Notice 22-08

Dear Sirs: I understand you are considering regulations to restrict the vast majority of investors from investing in leveraged and inverse funds. Quite simply, stop this effort right now. I don't need someone in Washington to "protect" me from these types of Investments. I research all my investments and I'm well aware of the risks entailed in these types of Investments. I hold some inverse investments right now that are doing quite well and move in the opposite direction of the stock market. I'll be quite upset if you take these types of Investments away from me.