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Brandon Roberts Comment On Regulatory Notice 22-08

I strongly oppose losing my rights to trade leveraged or complex funds. Investing should come with a level playing field and net worth should not dictate ones ability to invest.

I understand that large investors may feel threatened by retail investors having access to markets, however, markets endogenously represent consumer demand and consumers should have the right to participate in the markets they fuel.

Jeffrey Cobb Comment On Regulatory Notice 22-08

I am an individual investor who has invested for several years in a variety of securities, mutual funds and ETF's, including leveraged and inverse funds. My brokerage firm already requires me to confirm that I have read various warnings about and understand the risks of these investment vehicles. I consider them a USEFUL and CONVENIENT investment tool in a whole toolbox of investment options.

Eun Park 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 and my family. Public investments suould be available to all of the public,not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds.because I am well aware of the risks of leverage and inverse. so, I use 5~10% inverse and 10~25 leverage of my portfolio. Especially during a bear market like this year, Inverse is protecting my investment.

Madhava Venkatesh Comment On Regulatory Notice 22-08

Please do NOT restrict the use of leveraged ETFs in ANY way. Just this proposal is outrageous: You think only rich and privileged people understand risk? How condescending is that? Leveraged ETFs are the only way for middle class investors to have a decent shot of moving out of the middle class as we aim to become financially independent. Almost all retail investors understand the risk and volatility involved in these ETFs; we still want to invest in these leveraged products (especially leveraged bull market products) only because this is our only chance to become financially independent.