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Pete Jeppeson Comment On Regulatory Notice 22-08

I have done very well using leveraged funds. If you merely buy low and sell high, you can make far more money. It is easier and simpler that using options, for a small fee I let the fund do that. I also like inverse funds, which provides market liquidity and it is similar to selling short, but again easier for me. Please let me decide what, where, and how to invest. Please let me and my family keep access to what ever we would like to invest in.

Ian Frazier Comment On Regulatory Notice 22-08

I wish to maintain my current freedom to invest in public securities of my choosing. Though the notice means to reduce the risk for investors, it will have an echoing effect across asset classes that may not be fully realized. America is a land where we grant greater freedom than most. This freedom has allowed us to create one of the greatest economies of all time. The reduction of risk exposure will ultimately reduce return.

John Schuster Comment On Regulatory Notice 22-08

Markets go down at times. Using leveraged instruments as a hedge to keep my portfolios safe in sudden downturns is the only way I can afford to stay invested in the markets as I enter retirement. "Buy and hold" isn't safe at my age. Fixed income products don't pay enough to cover my needs, and they have their own set of risk factors. The only way I can sleep at night is knowing I have leveraged positions as part of all my portfolios in case the markets do something unexpected. If these are taken away, the rest of my retirement will be spent in worry and anxiety.