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Johann Redd Comment On Regulatory Notice 22-08

As an institutional and self-taught individual investor, I have utilized leveraged and inverse funds successfully for twenty-five years. I believe them to be a valuable strategic/tactical portfolio option. While I agree that knowledge of these complex products is imperative, the ability and willingness to self-educate or receive training is too readily available to require an onerous process to qualify. With such an approach, I may not have had access for years before I began working with brokers.

Peter Quattrociocchi Comment On Regulatory Notice 22-08

Dear Sirs: Please DO NOT make ETF investments more expensive or more difficult. Leveraged ETFs are the corner stone of my, in retirement, investment strategy. Leveraged ETFs provide an index for specific sectors that i havent been able to find anywhere else. The premiums on options for leveraged ETFs are also beneficial. I dont understand why you are planning a disruption of a beneficial investment, perhaps a little restraint is in order.

David Milk Comment On Regulatory Notice 22-08

Comments: As an individual investor who understands the use of leveraged and inverse funds in my portfolio, I find it appalling that FINRA would swoop in to "save us". The risks are ours to take and adjusting government regulations is not needed. If we make an investment of any kind it is our sole responsibility to recognize how it fits into our holdings. Please do not put restrictions on my (our) ability to trade "complex products". Thank you,