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Bernard Cohen Comment On Regulatory Notice 22-08

As an investor, I appreciate my government's efforts to afford me protections against fraud and other illegal acts by those whom I entrust to handle my investments. What I do not need or want is a government agency to baby sit every investment opportunity that might seem complicated to the ordinary person (i.e., not a lawyer or professional trader). Every source that I use for investments is more than willing to explain to me what the ramifications of a particular investment opportunity are, and I do use their services. Stick to monitoring those entities that would do me harm.

Jarrod Ferruccio Comment On Regulatory Notice 22-08

I feel I should be able to choose the public investments that are right for my family and I. All public investments should be available to all of the public, not just the privileged or 1%. 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'm capable of understanding leveraged and inverse funds and I understand their risks. To all the regulators I don't need these measures imposed on me. Thank you and good day.

Patrick Eastman Comment On Regulatory Notice 22-08

Restricting use of leveraged and inverse ETF's is a step in the wrong direction. Individual investors need tools to help manage risk as much as industry insiders and the wealthy. I use them as a tool to hedge my portfolio. As the market retreated, I put a small percentage, about 2% - 3%, into some of these instruments to decrease my downside. The leveraged ETF's allow me to use a smaller amount of capital to get a bigger impact. Since I'm mostly fully invested, and it's difficult to time the market to determine what to sell to raise capital.

Cory Melick Comment On Regulatory Notice 22-08

As an individual who invests in EFTs and other assets using income from a W-2 Job, its very important that I have the freedom to review, research, and pick which products I wish to invest my money. The SEC is constantly making it more difficult to generate good returns for non-accredited investors and this is just another example. Actions like this leave normal citizens like myself out of some of the best investment vehicles which contributes to wealth inequality. In laymen's terms, policies like this contribute the rich getting richer and the poor getting poor.

Paul Ingbretsen Comment On Regulatory Notice 22-08

I have been trading leveraged and inverse products almost since their inception. I understand these products and have used them for close to 20 years and have never had a problem. They are the majority of my trading/investing strategy. I cannot understand how taking a test is going to be a better metric for understanding these products than 20 years of "skin in the game". Also I believe these products should be available to all equally.

Carol Chase Comment On Regulatory Notice 22-08

I have been managing my own investments, and trading leveraged and inverse funds for many, many years. "I", not regulators, should be allowed to invest in the products of my choice. I worked as a CPA for many, many years and consider myself to be well informed regarding leveraged and inverse funds. I am not trading on margin. I am using my own hard earned money for trading. Regulators don't tell me what house or what car I should buy or sell, and neither should they be be telling me what I can or can't invest in. Leveraged and inverse funds are just a part of my portfolio, not ALL of it.