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Peter Mullen Comment On Regulatory Notice 22-08

Inverse and leveraged ETF's provide a valuable vehicle for knowledgeable investors. Eliminating these products does not make the investment landscape any safer. On the contrary, limiting these investment options will reduce the ability of investors to hedge or make profits from falling asset prices. I do not want, or need, some government dork to protect me from myself. Please make greater efforts to prevent, or at least pursue. the next Bernie Madoff (something the government failed at spectacularly despite being handed evidence on a plate).

Nick Smith Comment On Regulatory Notice 22-08

I oppose restrictions to my right to invest. I should be able to choose the public investments that are right for me. I shouldnt have to go through any special process like passing a test before I can invest in public securities, like inverse or leveraged funds. I am capable of understanding leveraged and inverse funds and their risk. Leveraged and inverse funds are important to my strategies. I use leveraged and inverse to hedge my investments and are a limited part of my portfolio.