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David Lick Comment On Regulatory Notice 22-08

It is the responsibility of regulators to ensure funds are well managed, safe from fraud and equally accessible to all investors. It is not the responsibility of regulators to determine which funds specific investors are allowed to purchase. Regulators must not require any tests or assessments in an effort to "weed out" or discriminate against investors. Cryptocurrency funds are an integral part of my own investment strategy. Cryptocurrency funds have been shown to REDUCE risk by decorrelating from the market.

Tyler Hawthorne Comment On Regulatory Notice 22-08

I disagree with further retail investor limitations. There are countless resources available for retail investors to utilize in order to learn about leveraged ETFs and other complex investments. Additionally, these investments pose no greater financial risk than any other individual stock investment, which, if the last 2 years have shown us anything, can be even more volatile than cryptocurrency/leveraged ETFs, etc. Nikola, Peloton, and Netflix immediately come to mind as stocks that lost 50% of value or more in a very short time span. I strongly oppose more retail investor limitations.

David Carr Comment On Regulatory Notice 22-08

The Government already taxes profits on Crypto. I am not in support of this further encroachment of my rights to invest in alternative investments to act as a counterbalance to the overpriced stock market cause by the fed's QE*** purchases. First, Crypto should not be under the SEC as it is not a security, it is closer to a commodity. Second, the SEC is over-reaching it authority even if it is a Security. Effectively banning Crypto would then mean that if someone were to start using the e-money that the US is thinking about doing such also be banned.