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Chong Choi Comment On Regulatory Notice 22-08

Dear Sir,

I clearly oppose any restrictions on my investment right. I am retired, meaning old enough to understand the risks of investing in leveraged and inverse funds. So, I only invest in those funds with small portion of my total investment amount. Sometimes, I need investment flexibility of leveraged funds, which can be accomplished with smaller amount of money. And, I invest in inverse funds for hedge purpose, which can be done efficiently with smallder amount of money too. So, I oppose any restrictions of my investment freedom of which funds I choose to invest.

Sambasivan Amarnath Comment On Regulatory Notice 22-08

We at Shri Advisors have been deploying Leveraged ETFs like QLD SSO as part of a Tactical Asset Allocation Model for our Clients for several years. Our Clients have been satisfied in the manner in which we carefully manage risk for their portfolios. Any restrictions placed in the trading of Leveraged ETFs will severely impact our ability to act in the best interests of our Clients. We request the regulators not to put any restrictions or limitations on the trading of Leveraged ETFs.

Tom Robillard Comment On Regulatory Notice 22-08

Since savings accounts are, for all intents and purposes, gone or making an amount of interest smaller than inflation in a good year, I should have every right to pursue investments that interest me even if my starting capital is a small amount. It's ludicrous to tell me I can't invest because I'm not rich enough. Public securities are just that . . . . public. If we have a capitalist society, then all of this is especially true.