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Teresa Chang Comment On Regulatory Notice 22-08

Dear staff,

I oppose restrictions on my right to invest in public investments.

Leveraged and inverse funds are important to my investment strategies. They help me hedge my investments and seek enhanced returns. I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.

Thanks for your attention and time.

Curt Spencer Comment On Regulatory Notice 22-08

Hello SEC Well here we go again. I thought we had this matter settled a few years age when I sent my last public comment to you but apparently not. It is my understanding that the following items are being considered in order for someone to invest in leveraged and inverse funds. 1. Pass a regulator imposed test of your specialized investor knowledge 2. Demonstrate high net worth 3. Get special approval from my broker 4. Attest to reading certain materials 5. Go thru cooling off periods where I cant invest Now I have some questions for you.