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Charles Averbook Comment On Regulatory Notice 22-08

I have a regular investment program that is long the market during part of every month and short during another part. It's been working fine for years. Being able to be in a short mutual fund or ETF does not "pick on" any particular stock. It just is a way to hedge other investments in case the market goes down. It is a more conservative way to invest that just being long the market all the time.

Liping Liang Comment On Regulatory Notice 22-08

I have more than 40 years experiments and knowledge in the stock market investment. I am not a regulator and have the right to choose any public investment. Leveraged and inverse funds are my important investment strategies. I do understand their volatility and risks. I did not always invest the leveraged and inverse funds and I also invest some defensive ETF. I appreciate your no restriction on my investment. Thank you very much.

James Pauly Comment On Regulatory Notice 22-08

After over 40 years of equity trading, I , as other investors, are careful to invest within our own comfort zone and abilities. It is easy to see and understand the possible consequences of leveraged ETF's as well as other funds. I feel the individual is capable of determining what instruments are appropriate for each individual. I feel regulation beyond providing information is unnecessary and restrictions of any kind need to be scrutinized to determine with whom they should be applied, if anyone.

Stephen Nowak Comment On Regulatory Notice 22-08

I strongly oppose the proposed regulation limiting investment afforded ordinary investors. The proposed regulation would severely inhibit my ability to hedge and thereby protect my life's savings against adverse economic events. Events that in recent history have become common place. Further, with it becoming blatantly obvious that significant inflation is very much upon us, being able to stay ahead increases in the cost of living via leveraged ETF's (for oil and food based commodities for example) is imperative. This regulation must not be approved and go into effect!