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Mark Conley Comment On Regulatory Notice 22-08

Hi and as an American citizen I should be able to choose what investment is right for me and not a regulator. Public investment should available for all citizens. I shouldnt have to go through a test to be able trade my funds based on my interest and risk tolerance. I am capable of researching and understanding the risk of what I want to invest in. Leveraged and inverse funds are important to my investment strategies. They help me to enhance my returns and hedge my returns.

Bruce Painton Comment On Regulatory Notice 22-08

Please continue to let the small retail investors trying to build their retirement funds when the markets begin to fall, continue to trade inverse and multi-leveraged funds. IRA accounts are not allowed to short stocks and can't get margin for shorting so when markets go down so fast and stops are not always in place, we become "bag holders" in many good company stocks but because the market trend is down at the time and we would have big losses if we sold as prices fall. To hedge our portfolios we can either use options or buy inverse ETF's.