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Vikrant Rai Comment On Regulatory Notice 22-08

We should have a free choice to invest inside a regulated universe. A basket of leveraged fund is not different than a stock with high beta as both could react to volatile market conditions. Oftentimes, it is better due to some diversification benefits which is not available on a stock , which are spurred by speculative positions. Inverse leverage funds offer cheaper alternative than options to hedge or take directional bet.

Richard White Comment On Regulatory Notice 22-08

Dear FINRA,
I am not interested in government regulators mandating which products I am allowed to investment in or not invest in. I am not interested in passing your tests or other arbitrary performances for you to demonstrate that I am capable of doing what I choose to do with my money. Did any investors actually ask for you to intervene on this matter? Please keep your fingers out of my brokerage accounts.

Robert Adams Comment On Regulatory Notice 22-08

We don't need any more paternalism in the financial markets! My brokers (Schwab and Fidelity) provide ample warnings about investing in leveraged or inverse funds. I don't need a regulatory agency holding my hand as well. You cannot regulate away stupidity. There will always be people who lose their shirts by making stupid investments. I have a relatively small stake in a single leveraged ETF, and I do not need anyone else monitoring me if I decide to increase or decrease my investment or make an investment in a different leveraged fund.