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Rohit Irpenwar Comment On Regulatory Notice 22-08

Leveraged and Unleveraged etf have been used to hedge against the downward market trend for a while not only by sophisticated user but the likes of people who actively manage there brokerage account. Taking it away would not only provide less tools for a retail investor like me but also only benefit only the rich who qualify as accredited investors. There are simply not many options for retail investors to obtain hedges without investing too much money.

Jason Gallagher Comment On Regulatory Notice 22-08

I oppose the proposed restrictions to accessing leveraged ETFs. Creating a two tier system for wealthy elites verses main street investors is not acceptable. It would be wholly inappropriate to force investors out of leveraged positions during a major market correction simply because the SEC has deemed poor people as idiots. I am disgusted with the SEC's pervasive attitude that main street investors don't understand how to manage leverage. The fact the SEC continues to pursue limitations to expand the "qualified investor" concept just makes it look like the SEC is trying to rig the system.

Nitinkumar Shroff Comment On Regulatory Notice 22-08

Dear Sir/Madam: I oppose restrictions to my right to invest. I should be able to choose the investments that are right for me and my family. Public investments should be available to all, not just a chose few. Matter-of-fact, I think we should abolish the current Initial Public Offering process and democratize that process like it is done by the largest democracy on the planet, India. In India, an IPO is open to every common man who is interested in the IPO. She/he just needs to submit an application at the local bank and show that she has funds for however many shares she is applying for.

Coco Cheng Comment On Regulatory Notice 22-08

I am a public investor, I opposed restrictions to my right to invest in leveraged and inverse funds because: - Public investments should be available to all of the public, not just the privileged, I am not a regulator, I am one of the public, so I should have the right being able to choose any public investments; - I understand leveraged and inverse funds and their risks, I should not have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds; - As a full time worker, I do not have time to do research on each company

Edmund Kirker Comment On Regulatory Notice 22-08

I have been investing using leveraged and inverse funds for some time now. These funds allow me to protect my portfolio without going to a pure cash position when the fed creates a downturn in the economic cycle. It has been especially critical in the last 9 months. The government will also lose taxes on these gains when the markets are in a decline if restrictions are put in place. I already have to read and sign a statement of information and understanding as required by my brokerages before trading in these securities, this proposal is overkill and I oppose its adoption.