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William Conner Comment On Regulatory Notice 22-08

I have been involved in saving and investing from a very young age.,and have been actively trading in my brokerage account since 2010.These leveraged/Inverse funds help a smaller investor with limited capital increase returns always keeping in mind the risk involved. You do need to read how each fund operates,but that goes for all investments.,bonds,equities,commodities. If there is something that was overlooked or needs to be added to the prospectus as precaution to investors that would be fine. I consider these funds no more complex than buying any other asset.

Ruth Carpenter Comment On Regulatory Notice 22-08

Over the years, I have spent thousands of dollars, if not hundreds of thousands of dollars, to buy insurance and rarely received any financial return on them. Those thousands of dollars have gone down the drain although I did acquire peace of mind when I had them. I did not have to consult with anyone or get permission from anyone to buy insurance. That same thinking goes for leveraged and inverse funds. They are a source of insurance for me and provide peace of mind. At least there is a possibility of financial return, unlike my other forms of insurance.