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Timothy Undheim Comment On Regulatory Notice 22-08

I, not regulators, should be able independently to choose public investments which are best for me and my family. I should not be required to go through a special process such as passing a test to invest in securities such as leveraged and inverse funds. I as a private investor have sufficient understanding of the workings risks of such funds, and have enjoyed over 20 years of investing in such funds under the Profunds family. These are important for my investment strategies which have allowed me to seek enhanced returns as well as hedge my overall investments.

Chandra Bajpai Comment On Regulatory Notice 22-08

Hi Finra, the american public should have the right to invest in leverage funds. I use them to trade commodities, indexes and where I have a long term position I use them to hedge my position. If you don't make these funds available, you will force investors to go to options, which are much harder to trade with. I think the FInra issue is that leveraged funds should not be held for the long term....sure I understand that, and if thats the concern tell investors of it using examples and make them acknowledge it.