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Richard LeBlanc Comment On Regulatory Notice 22-08

I am opposed to restrictions on my right to invest in any public securities.

I have long made use of closed-end funds and own at some now. I can't imagine that such securities are considered riskier investments than stocks.

I have purchased leveraged and inverse funds on my own in the past as part of my own investment strategies. Currently, a financial advisor I use purchases such investments on my behalf.

Additional regulations are unnecessary and would not be helpful to investors.

Lawrence York Comment On Regulatory Notice 22-08

FINRA is right to have concerns about leveraged and inverse ETFs for retail investors trading on their own without a broker or advisor. Simple attestation and acknowledgement of risks with education is the answer. Investors are constantly told investing has risks and the primary focus should be on education of those risks without detrimental affects on broker dealers, brokers or advisors.