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Shawn Crichley Comment On Regulatory Notice 22-08

Good evening,

Being able to invest in the products of my choice is extremely important to me and my family. Without inverse ETF products I wouldn't be able to hedge against long positions in our retirement accounts. The only way to manage risk would be to sell down long positions further increasing risk of abrupt market sell offs. Thank you for trusting Americans as individuals to manage their future.

Burk Lindahl Comment On Regulatory Notice 22-08

Investors should have the freedom to make informed decisions about their investment choices. There are those who of us who desire to use reasonable leverage without the burden of adopting complex and costly options hedging strategies. Leveraged ETFs accordingly provide significant value to us as ordinary retail investors. It is hard to imagine anyone who does even a modicum of due diligence (even a basic Google search) not finding a huge volume of information warning of the potential risks associated with leveraged products.