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Matthew Hansen Comment On Regulatory Notice 22-08

I am a retail investor with approximately $1M in investments, spread over several accounts. I routinely trade leveraged and inverse ETFs as a small portion of my overall investment as part of my overall risk management strategy. Though these ETFs are a small percentage of my total assets, they sometimes form a larger percentage of an individual account, as I concentrate all these trades in a single account.

Brian McEwan Comment On Regulatory Notice 22-08

I don't think it is fair to regulate inverse and leveraged funds, since I rely on these as an important strategy. Especially inverse funds gives a "common" investor the ability to profit if the market goes down.

I understand the risks, and I accept gains and losses, just as I do with purchasing stocks and bonds.

In a free market, it is important to allow the market (of which I am a part of) to manage the ups and downs, instead of an elite group of investors.