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John Cioffi Comment On Regulatory Notice 22-08

I have spent 50 years perfecting my investment process both personally and for clients. I managed to survive and flourish through 8-9 bear markets. I accomplish this by using the most broadest of diversifications including being able to sell short markets. Inverse etfs including leveraged ones are important tools to have in the tool box to accomplish this. they are convenient and in many ways reduce the risk that one would have to undertake using options or individual stocks, if one wanted to hedge.

Hiteshu Bhakta Comment On Regulatory Notice 22-08

To Whom It May Concern, I am greatly concerned about any additional cost further regulation and compliance will have on complex trading products, particularly leveraged ETFs. I am concerned about additional regulations which may increase the time it takes to get approval for trading complex products. I purchased leveraged ETFs on market indices, however there was five years of research in search of the products which would allow me to do so with minimal cost and max gain. I am concerned regulation and compliance will hamper my ability to invest and divest my positions.

James Bell Comment On Regulatory Notice 22-08

please don't proceed with this proposed regulation. the sorts of investment vehicles targeted have proven extremely useful for me. when properly used they allow more finely focused, targeted investments, as well as a way to hedge investments. there's plenty of info currently out there about them already for anyone considering using them, so no need to add more requirements. thank you. -james bell, small investor