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Dave Grundy Comment On Regulatory Notice 22-08

when i first heard that leveraged funds were no longer allowed to be created, i was angered by this overreach. at least those in existence would be grandfathered and i could still use them. to now learn that you are contemplating restricting my ability to use such exchange traded funds is insulting. even the cooling-off period. i bet it would have prevented me from making trades during the recent correction(s) in 2022--EXACTLY when i need to be able to react quickly to magnify the returns afforded by leveraged ETFs!

James Chubb Comment On Regulatory Notice 22-08

I am fully aware of the risks and dangers of leveraged funds. I value the freedom to chose the public investments that I deem correct. I use these funds sparingly to mitigate risk or to correct an obvious to me, imbalance. I am strongly opposed to government regulation of free participation in these investment vehicles which have a way of teaching harsh lessons to the foolish. And hedged great rewards to the prescient. Is it the governments job to protect people from their naiveté?

John Anderson Comment On Regulatory Notice 22-08

The SEC needs to stop placing burdensome regulations on the average trader while kowtowing to the rich. Stop over regulating everything! I not regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I am an adult and can choose where I spend my money.

Kandasamy Rathinasamy Comment On Regulatory Notice 22-08

The last several years have seen a growth in funds that help individual investors seek targeted exposure to investments and strategies previously only accessible to high net worth individuals. Use of funds including leveraged funds, inverse funds, commodities funds, real-estate funds including global real estate, high-yield bonds, currency strategies, emerging markets stock, bond and currency funds, sector funds etc has helped me better diversify my portfolio and manage its risk more effectively and at lower cost than was previously possible.