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Ernest Woo Comment On Regulatory Notice 22-08

Trading leveraged/inverse funds has been a boon to my ability to hedge upside and downside risk without the complexity of options. Also, through products like SARK and SQQQ, I am able to hedge against downside risk without margin.

I think smaller traders like me will lose a lot of flexibility if unable to trade leveraged/inverse funds.

Fidelity already shows comprehensive warnings about trading leveraged funds and requires a phone call to enable trading of inverse funds.