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Nick Difazio Comment On Regulatory Notice 22-08

Comment on SEC Proposed Rule #S7-24-15: I am a retail investor who has used leveraged ETF's for the past 12 years. I do not trade in these instruments but have purchased them over time, and have continued to hold them (all for at least five years). I monitor them daily and evaluate my portfolio vs the major indices on a weekly basis. I have included them initially at about 20% of my overall portfolio, and I only hold ETF's (SSO, QLD) that have very substantial daily transaction volumes.

Viachaslau Murashka Comment On Regulatory Notice 22-08

You are not regulators. I should be able to chose my own style of investment. It should be available to all of the public. I should not have to go through any examination or testing before I can invest into public securities. I understand leverage and invest funds and their risks. Leveraged and inverse funds are extremely important for my investment strategy. These securities help me to protect my investments and get enhanced returns if I use them as a limited part of my overall portfolio

Robert Prouty Comment On Regulatory Notice 22-08

An investor in securities should not need regulators to ban public investments. Let the buyer beware as we do in most things being sold to the public. Investors are capable of the understanding of leverage and of inverse funds and the risks they entail. I have used these types of funds in the past as a limited part of my investment strategy, and would not be pleased to lose the ability to use them in the future. It is not fair to allow the privileged to use them when average investors are not allowed.