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Sam Picoult Comment On Regulatory Notice 22-08

Please leave it up to us individuals to decide which investments we choose. Having the option and ability to choose leveraged ETFs has been immensely helpful to me. For example, during this month of April while stocks / markets have generally been in a noticeable decline, I've been able to protect my portfolio investing in leveraged inverse ETFs that has resulted in my portfolio having a double-digit percent GAIN. I do a lot of research online comparing various investments (stocks, ETFs) and I've proven myself perfectly capable of making investment choices.

Brad Welch Comment On Regulatory Notice 22-08

I am writing to express serious concern over FINRA Regulatory Notice #22-08 and the prospect of restricting my ability to invest in these leveraged products. I am a retail investor that has done significant diligence on these products. I understand their risks, I understand the concept of volatility decay, and yet as a relatively small time investor I've been able to enjoy significant returns with these products by employing relatively simple strategies. The warnings are out there on these funds and I was concerned before diving in. I did my diligence though.