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Stephen Denis Delear Comment On Regulatory Notice 22-08

Direxion put out a request for investors in their products to comment on this proposed action. I figure it would be better to avoid going through their portal. The consensus seems to be that the proposed action, in its details, would ban most investors from purchasing inverse and leveraged funds. These comments apply to exchange traded inverse and leveraged funds, and not similar products that may be illiquid or have redemption restrictions.

John Magee Comment On Regulatory Notice 22-08

While I am not against some basic check of investor knowledge of leveraged funds (similar to what is commonly required to use options), access to these funds should not be restricted for retail investors.

There are several reasonable use cases for leveraged funds, and retail investors should have ready access to them, just as professional money managers are able to employ leveraged systems.

Susan Berglund Comment On Regulatory Notice 22-08

I should be allowed to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged, elite. Keep the government and the "nanny state" out of my affairs! I don't need your so-called protection! I am perfectly capable of making up my own mind about my private investments and affairs. I understand the risks involved in more highly-leveraged investment products! Now, go take care of some real problems [REDACTED] and stay out of the private citizens' business!