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Peter Park Comment On Regulatory Notice 22-08

I'm writing to let you know that I vehemently oppose this regulatory proposal for the following reasons.

1. I use leveraged and inverse ETF's regularly in order to manage and reduce risk in my investment. These ETF's allow me to hedge against market risk, and therefore are a very important part of my portfolio.

2. These public investment securities should be available to everyone, not just the privileged. If these regulations are passed, it will only widen the gap between the wealthy and ordinary investors because the wealthy will have the advantage.

Lee Wise Comment On Regulatory Notice 22-08

I, not you regulators, should be able to make my own decision as to what investment vehicles are right for me to own. I do not need or want to go through any special process, like reading material and/or passing tests before I can invest in special public securities, like leverage and inverse funds. Besides, the timing of these leveraged funds can be critical. Then is NOT the time to have to stop and take a test before I can invest. Leveraged and inverse funds are now an important set of tools, to be used to hedge and/or seek enhanced returns.