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Robert Stickles Comment On Regulatory Notice 22-08

It is simply un-American and wrong to restrict access to certain investment vehicles simply because FINRA has generalized that the average retail investor is incapable of comprehending the products in which they invest in. From someone who has been studying leveraged funds for years now, please do not do this. One could argue that investing in small biotech stocks or "Bottom Fishing" stocks is riskier than some of these funds. But does that mean we should be restricted from doing it? Of course not. Add more disclosures, make people attend a class once, but please do not do this.

James Paige Comment On Regulatory Notice 22-08

Everyone should have the same opportunity to invest and better themselves. It should not be controlled by a few. The market used to closed for a long time to the average investor and when it opened it made things more transparent. I think this is what is happening here. They are trying to close the market to the individual retail investor and make it exclusive again. This might be a result of the Reddit groups who turned the tables on the institutional investors and created hugh losses for the institutional investors. Instead of more exclusivity we need more transparentcy in the market.

Andrew Denard Comment On Regulatory Notice 22-08

This proposed regulation does nothing but harm. The sentiment to protect unknowledgeable retail investors is not lost, but it is the right of these people (myself included) to invest in these strategies just as much as someone with more money and knowledge. This prevents middle-class and lower class investors that desire to elevate their investing portfolios and abilities from doing so, there is no other way to explain it. It is asinine to prevent access and freedom in the name of "protection," or whatever the justification for such regulation is.