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Kevin G Comment On Regulatory Notice 22-08

Leveraged and inverse funds are important to my investment strategies. I will literally quit investing without them.

In terms of the risks, many of them are based on broad based indices, i.e. SP500 or DOW. As such, these funds are diversified with just a higher volatility. I understand the risk. In market, many other types of risks such as bankrupt risk, fraud accounting risk, etc is non-exist for leveraged and inverse funds. The biggest risk for these funds are just macro economic risks or regulatory risks.

John Crocker Comment On Regulatory Notice 22-08

Dear Regulators,

I vehemently oppose restrictions on my right and the rights of my fellow man to invest in public investments.

The United States is the greatest and richest country in the world because of our freedoms and choices. Capitalism and freedom have raised more people out of poverty than all other systems combined. With our system comes winners and losers, but that has always been true. I ask you to allow us the freedom to succeed instead of forcing everyone to be equally miserable.

Christopher Bailey Comment On Regulatory Notice 22-08

I think very strongly that investors such as myself should be able to freely chose which public investments are right for me at various points in my life. I believe that I understand the risks some investments carry and that they are my responsibility. I am a regular investor of leveraged and inverse funds and view them as tools for wealth creation. Purchasing them should not be regulated or limited to only institutions or arbitrarily by exams, licenses, fees, etc.