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Se Kim Comment On Regulatory Notice 22-08

To Regulators, I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds because I have more than 40 years of stock and options trading experience in USA. I am capable of understanding those funds and their risks more than any finance professionals. It is totally against the spirit of law under democratic society. Do not try to control the free market mechanism like the communists.

William Starmer Comment On Regulatory Notice 22-08

I trade leveraged and inverse funds in order to feed my family and pay my mortgage. I am 60 years old and do not have skills to get a job that would pay enough. My husband is 82 and a fall risk. We cannot afford assisted living. So being able to trade allows me to take care of him. I honestly don't know anyone who has gone broke from trading. My experience is that your proposed regulations are unnecessary and harmful

Joan Castro Comment On Regulatory Notice 22-08

Your mission is to protect the investor from scams in the industry, not to influence their investment decisions either directly or indirectly in ANY WAY, no matter how well-intentioned it may appear. We 'retail investors' are perfectly capable of understanding the basics of how a leveraged ETF works and how much risk it carries. Any further regulation on them would severely affect the investment strategy that I've been using for years to hedge my positions with these so called "complex" products.

Nina Keck Comment On Regulatory Notice 22-08

Hello, I am very concerned about your proposed regulations on investing. As I am an adult and a head of household spending my money, I should have the final say on how I invest it. I fully understand the risks of investing and don't need to be tested on the subject. I do not need a cooling off period, because i research investments, and I certainly don't need someone's permission to spend my own money. If you impose regulations like the draconian ones that seem to be, you will be limiting the chance for prosperity for millions of investors who are not wealthy but are solvent.

Mahmut Akkus Comment On Regulatory Notice 22-08

Dear FINRA, LETFs are not "complex" products. They are very simple to use. I can simply buy them to introduce modest amount of leverage to my diversified and safe portfolio. LETFs allow me to easily adjust the risk and reward levels in my portfolio. They are SIMPLE instruments. Simplest form of leverage, and the wildest of them are only 3x leveraged. How dare you take away my freedom and not allow me hold these as long as I will? I come from a poor country and maybe I will never have a 1st world citizen net worth.