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David Fiedler Comment On Regulatory Notice 22-08

Please protect my interest in leveraged and inverse funds. Inverse funds do a great deal of good in balancing a portfolio. I hope that future regulation widens access to securities, and does not prohibit access based on income, or net worth. I also hope that public access to investment products continues without the need for special testing or license to buy and sell stock and that public offerings continue to be.

Randall Stone Comment On Regulatory Notice 22-08

I am an active individual investor, investing my funds in both IRAs and taxable accounts with Charles Schwab brokerage. I use 2X and 3X leveraged ETFs with some frequency to increase the return in both types of accounts. Less frequently, but periodically, I use an inverse fund to effectively short the market when it is in a downdraft phase. I use SH and DUST. Both leveraged and inverse ETFs are useful to me in trading, but they are not dominant in my portfolio. 90% of my investments are in normal 1X long ETFs or individual stocks.

Derek Fuentes Comment On Regulatory Notice 22-08

Dont impose regulations for regulations sake. I know what i am doing with inverse funds and should not have my freedoms trampled on because of uneducated people making uneducated decisions. Investing is at our own risk and we should never be utilizing an instrument or asset we dont understand. We alone are responsible for educating ourselves but the extent of the education you are proposing to require is too too much. You will alienate the average investor and support the stereotype that investing is only for the wealthy.

Fred Dexter Comment On Regulatory Notice 22-08

Public Investments are meant to be PUBIC ! Do not restrain or restrict or prohibit me from making my own free will investments in the public market. I use leveraged and inverse funds. Do not interfere with my legal right to do commerce. Anyone of legal age should have the legal right to trade any public equity product. Loosing and winning is part of investing AND LIFE ! Leave these free will choices to each citizen..

Kartik Chandar Comment On Regulatory Notice 22-08

Investing in publicly traded securities is an individual investors right and they are fully accountable for the results (positive or negative). You may ask them to sign an additional waiver / acknowledgment of the risks but you should not restrict them. Additionally, You may put disclosure requirements on these leveraged and inverse funds to improve transparency to the investors. As a regulatory body, that is what the scope and focus should be.