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John Hickman Comment On Regulatory Notice 22-08

Leveraged funds have been an important part of my investment strategy for many years. I use them to easily increase market exposure during the many months of market up trends, to seek enhanced returns, and to decrease exposure when the market is overpriced and during downtrends. I am very capable of understanding leveraged and inverse funds and their risks. I do not need or want any additional regulations imposed on me and the use of these funds.

Marc Sharman Comment On Regulatory Notice 22-08

Investors should be free to make their own decisions in where they would like to invest their money, short or long term, however risky it may be, so long as the fund is honest. Small caps or OTC is just as volatile and risky if not more. Options trading is way more risky than leveraged ETFs as well. You limit retail's tools to hedge or make large gains by stopping us from using these. Anyone who feels like they are not to blame for losing money with these funds should not be investing at all.

Joel Spaulding Comment On Regulatory Notice 22-08

Sirs: I oppose the restrictions and measures FINRA is considering regarding who may purchase "complex products". I support all investors' right to freely access the entirety of the public securities markets without arbitrary restrictions. Do not discriminate among "classes" of investors. Do not "hand pick" and "judge" those among us who are "allowed" to invest. Upward mobility should be protected and encouraged, not discouraged and limited only to the "qualified" in a free capitalistic system.