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lakshmi Madabushi Comment On Regulatory Notice 22-08

I should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to my investment strategies.

Christopher Boozell Comment On Regulatory Notice 22-08

Regulating plans such as pensions and retirement plans (401k, 403b, etc), where the saver/investor has little to no input on how the fiduciary treats their money is wise.

REMOVING ACCESS TO VALUABLE INVESTMENT TOOLS FOR THE INDIVUAL INVESTOR, MAKING THEIR OWN DECISIONS, IS NOT.

Please do not make it harder for me and my family to invest our assets in a way that meets our needs!

James Moran Comment On Regulatory Notice 22-08

Anyone capable of understanding what a stock or bond is, is more than capable of understanding 3x daily leverage on a product.

Leveraged ETFs are a valuable tool for responsible investors and are integral to mine and many others' financial planning.

More importantly, the fund websites already have lengthy disclosures regarding the risks of levered instruments. If someone is going to invest in a fund or company without understanding what they are buying, honestly they are still better off buying a leveraged index fund than some random penny stocks.