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Paul Fraker Comment On Regulatory Notice 22-08

Hello, I have been investing in leveraged inverse funds for as long as they have been around. I fully understand the risks and use them only as very short term hedges. They have been a very important tool in enabling me to dampen volatility of my returns over the years, and as a result I have achieved a very respectable Sharpe ratio.

Please do not make me jump through hoops to use them.

Thanks for your consideration.

James Fields Comment On Regulatory Notice 22-08

I strongly oppose any regulation limiting my choice in public or private investments. There should be no 'test' to invest in public securities, like leveraged and inverse funds. I am capable of making my own financial decisions, and reject additional government interference regarding my finances. I implore you to not impose additional measures prohibiting my decision to invest in various financial markets as I see fit.

Charles Breland Comment On Regulatory Notice 22-08

The government should not be adding more burdens/hurdles to managing ones finances. We do not need more red tape or more paternalism from the government preventing investors from having access to funds such as these. And given the risk of these funds are lower than a large number of stocks the investor might otherwise buy (or such legislation might drive more investors into options) this will increase risk and complexity, not lower it.