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Mark Webb Comment On Regulatory Notice 22-08

I work in the finance industry and we already endure severe restrictions in terms of how we can hedge downside risk. These include restrictions against short selling and options (have to hold a positions at least 30 days while the option loses value due to time decay).
Profunds short mutual funds are the only viable way to hedge long positions without being forced to liquidate those long positions and incurring capital gains. Please don't remove the last remaining tool we have just as we enter a recession!

Daniel Loney Comment On Regulatory Notice 22-08

I am a regular individual investor currently investing in multiple leveraged etfs. Just because I am not in the 1% or a part of a major financial cooperation does not mean that I do not have the ability to study, learn, comprehend and weigh the risks of using the same financial instruments that professionals use. To regulate instruments like leveraged ETFs is an insult to retail investors like myself and further restricts retail investors' ability to compete with commercial investors.