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Gregory Nicosia Comment On Regulatory Notice 22-08

Dear Sirs: I object to your attempts to stifle the free trade in the stock market. Inhibiting my ability to buy inverse stocks without demonstrating compliance with rules meant to restrict this freedom is anti-American. Leveraged and inverse funds are a key part of my investment strategy. Let free trade continue and stop any attempt to restrict our freedom to invest as we see fit.

Zachary Covell Comment On Regulatory Notice 22-08

Limiting investors ability to invest in leveraged ETFs and funds and having to prove high-net worth and presuming that equates to understanding risk and investment knowledge is unnecessary. Investors are widespread and have to be responsible for their investment decisions. Taking away the opportunity from people who do understand the risks is thievery. It's like telling a person who's never taken a diving course that they're not going to be able to wear a scuba suit. All you have to do it get the instruction first.