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Kathleen Abeles Comment On Regulatory Notice 22-08

Dear Sirs: I oppose any restrictions on my ability to invest in public investments. I should be able to choose whatever public investments are right for me and my family. Leveraged and inverse funds should be treated no differently than other investments and should require no written test or minimum income level as a prerequisite to investing in them. I use these investments to enhance my returns and to hedge my investments and any restrictions would have a negative effect on my ability to invest successfully.

Jenifer Taylor Comment On Regulatory Notice 22-08

I believe in the public's ability to research and invest and not be hindered by yet more regulation and restrictions. The individual is slowly being pushed out of the ability to make investment decisions. Many financial advisors are mandated to create a client risk profile and that results in the individual having very little room to make adjustments. Allowing ever-larger advisor groups to grow to enormous size creates an unprecedented "group think" investment style that has created risks and to then deprive the individual of potential ways to offset this, is criminal.

Sathish Menon Comment On Regulatory Notice 22-08

I am shocked to hear that the regulators are considering restrictions to leveraged funds. Leveraged funds are significantly safer compared to option trades and outright shorting. For example, I use TQQQ to go long and SQQQ to go short NASDAQ, instead of outright shorting NDX. Imagine amount of capital required by small investor who wants to short NDX - or QQQ for that matter - there is no better option than buying SQQQ that is priced significantly lower. Please don't take away good investment vehicles for small investors.

James Smith Comment On Regulatory Notice 22-08

In order for markets to perform in an efficient manner, there must be opportunities for investors to take long and short positions. In as much as leveraged investment vehicles exist for long positions, there much likewise be leveraged short positions available for investors. Leveraged investments provide the opportunity for investors to enhance their returns and need to be available to all investors.