Comments: As a tool, in the hands of a competent advisor, a point which cannot be stressed enough, inverse funds can be a value component to the management the risk in a portfolio. For taxable accounts, an inverse can also assist with the management of taxes. For IRAs, where shorting an index is not permitted, an inverse can provide for a closely approximated approach.

Comments: investors should understand their risks and then only use them. But the L&I should be there for everyone

I WANT TO MAINTAIN MY CURRENT FREEDOM TO INVEST PUBLIC SECURITIES OF MY CHOOSING. ANY RESTRICTIONS TO MY HOLD PUBLIC SECURITIES IS UNFAIR . BEFORE I HOLD RUSL, BUT YOU FORCED ME USING VERY LOW PRICE (MUCH LOWER THAN MY COST) TO SALE IT. YOUR ACTION LET A LEGAL INVESTOR LOST MONEY. I LOST MONEY NOT MY ACTION WRONG OR ILLEGAL. I INVESTED PUBLIC SECURITIES AND YOU USING UNFAIR ACTION LET ME LOSE MONEY. Your actions are not to protect legal investors but to harm them

Investing in leveraged and inverse funds are super import to me. Because I use them to hedge my positions. I believe they are much safer than using options to hedge my positions. If they are disallowed, I would need to use options to hedge, which are super risky. I used to lose a lot of money in options and don't want to touch it again. Basically, I think the public investments shouldn't be only available to only privileged. And losing this way would make lots of people trading with options/futures, which would make them losing everything in one day.

If there are a group of people interested in purchasing inverse and leveraged ETFs would you think to take that ability away.

I invested in BITO on October 21, 2021 in my Roth IRA. Since that time this investment has lost over 43% of it's value. I don't feel investments like this are appropriate for most individuals and am in favor of more stringent regulation.

I think that regulating investing in leveraged and inverse funds is over protection of investors. The brokerage house already has warnings that I had to read before I could invest in them.

My investments and investment strategy are mine alone to manage.

In the unlikely case your Notice 22-08 becomes law in the future, it should not apply to traders who have bought and sold L&I funds before, regardless of how long. All the funds have clearly explained in black and white, what the risks are and who they are good for. I am 100% against disqualifying or restricting access any trader from buying them if they acknowledge having read the disclosures or dealt with them in the past already. Thank you.

Comments:Just another attempt by the regulators to protect their buddies on wall street. We see that every time there is a market crash on the horizon.