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James Freeland Comment On Regulatory Notice 22-08

I have been investing in the stock markets for over 50 years and am quite capable of making my own considered evaluations about a particular investment. I also study competent outside advice. I do not need or want your interference in my right to make those decisions, thank you very much! In other words, just bug off, Nanny, and stick to your job of rooting out the fraudulent practices in your registered companies.

Bruce Sternberg Comment On Regulatory Notice 22-08

I have been using inverse leveraged funds to hedge my investments for many years. Sometimes, as in the current environment, I have been using inverse funds as a stand alone
investment strategy. If I had to comply with special regulatory
procedures before using these strategies, I probably would not
use them.

I do not find inverse or leveraged funds require a highly
sophisticated skill set that is beyond the understanding of
the investing public.

Ken Gosa Comment On Regulatory Notice 22-08

All public investments should be available to all of the public,
not just the privileged and powerful. Without having to go thru any special training or criteria.

Nobody just willy, nilly invests in inverse and leveraged fund. There is always a level of self education involved. Reputable brokers, news organizations, etc. provide more than enough guidance and education (not to mention a prospectus) on these investments.

These are not lottery tickets.