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Benjamin McGraw Comment On Regulatory Notice 22-08

I've used leveraged and inverse ETFs for decades now with no issues and I strongly oppose restriction of their use. If you are going to start choosing what public investments can and can not be made by individual investors, you will have to lay out a clear rationale for each decision and that will highly likely be perceived as arbitrary leading to multiple issues for you. If your goal is to restrict shorting, you are just setting yourself up for massive legal battles. If your concern is truly protecting investors, there are far better targets than inverse ETFs.

Garrett Culbertson Comment On Regulatory Notice 22-08

It is my right to be able to purchase whatever financial assets I choose. My lack of money should not prevent me from participating in the same market as institutional investors. Institutional investors already face minimal regulation and are free to do whatever they would like, while retail investors are banned from day trading. Payment for order flow makes the issue even worse as only big players are even able to freely trade whatever stock and asset classes they choose.

Richard Vesnic Comment On Regulatory Notice 22-08

This is a crucial piece of our investment strategy. I do not believe that it is the governments decision to tell me what I can or cannot purchase for my familys investment goals when it is an available security that is on a major domestic exchange. Please reconsider and allow tradable securities to be invested without imposing restrictions on select individuals. Its no different than restricting the S&P 500, which should never happen either.