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Spencer Jurkiewicz Comment On Regulatory Notice 22-08

It is the sole responsibility of the investor to choose securities that meets their assessed risk tolerance. It is the responsibility of the securities and brokerages to accurately publish the risks and potentials for their products. Thus, adding regulations beyond these fundamental purposes skew the landscape to play favoritism and hurt the market. Demanding a test or license or education minimum or net worth minimum will make these products effectively unusable to the public, and thus create a systemic marginalization of minority groups.

Shaohui Hu Comment On Regulatory Notice 22-08

I oppose any limitations on my investments because it is an investors right to freely access the entirety of the public securities markets without arbitrary restrictions. I want to maintain the freedom to access a broad range of investment products that help me build better portfolios. It is I who have the right to decide which public equities, bonds and funds I want to buy, not the regulators. Furthermore, I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged funds.

Jerry Kohler Comment On Regulatory Notice 22-08

I invest in 3 leveraged index's as a small part of my IRA. I am well aware of their volatility and I manage it by slowly reducing my positions at new market highs and buying back during corrections. My gains on the leveraged indexs have been twice as high in half the time as the regular indexs. Please dont limit investors options in the market place. We are well aware of the risks but volatility is both upside and downside. Anyone with a brain will have their own way of managing that.