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Don Anderson Comment On Regulatory Notice 22-08

I have managed my investments for over 60 years. I have studied and invested in broad market, leveraged and inverse ETFs for the past 15 years. I use them to manage risk.

The restrictions proposed would reduce the liquidity in these ETFs and render them dangerous to use. Any regulation of these securities should strive to improve openness and knowledge of the products, promote open and liquid markets, and control contra-party stability and risk. Your proposal dose not address any of these issues.

Miguel Roncal Comment On Regulatory Notice 22-08

It simply doesn't concern regulators. What are they regulating? Interests they have no interest in? Where we store our value of production shouldn't be up to a regulators judgement. Their judgement and authority is over fiat currency. Once fiat currency is exchanged for a different interest, it is out of their protocols. You are welcome to participate in our interests, yet you are not recognized as one in our governing authority.

James Domroes Comment On Regulatory Notice 22-08

Dear Sir or Madam,

Please oppose any restrictions upon my right to invest as I determine are in my best interest. I am in a better position to decide what investments are right for my family than any regulator. Leveraged and inverse funds are an important part of my investment strategy and should be available to all people. This country has thrived among many nations because of the freedoms inherent to its people. Do not restrict the freedom for which so many Americans have fought and died.

Raymond Starsman Comment On Regulatory Notice 22-08

I have been very successful investing and trading with complex instruments and I have no formal investment training. Imposing restrictions on my ability to invest in these vehicles and making them only available to a select group of investors will harm me and many others that invest. The addition of pre-investment testing, certifications, training, or cooling-off periods are a deeply unnecessary restriction on the small investor. I have built a successful trading strategy around leveraged investments and restrictions like this will cause me financial harm.