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James Davenport Comment On Regulatory Notice 22-08

I not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. 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 am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to my investment strategies.

Kyle Eley Comment On Regulatory Notice 22-08

Dear FINR regulators, Please do not limit my freedoms to invest. Consider that leveraged and inverse funds are an important part of many investors strategy and those who wish to participate in the transacting of them should get to keep the personal responsibility of making the choice to participate in these funds or notno matter how riskywithout regulations that would dictate this choice for them. Please work toward keeping our liberty. We are all in this together.

Michael Stephenson Comment On Regulatory Notice 22-08

More government regulations! Seriously?? This is a guise to limit the average American citizens' ability to participate in a free and fair marketplace. This will further "rig the game" in favor of the big financial institutions and eliminate an important financial tool that the small average investor can use to hedge their portfolio's in adverse times. The small investor CANNOT be limited to only being able to invest in upside market moves only! This "Big Brother" move is unwarranted, unneeded and absolutely unacceptable. This MUST NOT HAPPEN!!!

Zev Abraham Comment On Regulatory Notice 22-08

An inverse ETF or even a leveraged ETF takes far less knowledge and understanding to invest in safely than a whole host of other publicly traded securities for which no similar requirements are being imposed. All one has to understand is that the security is designed to and reasonably likely to trade in the manner it is advertised by its promotors .... which is usually tracking an index or the inverse of an index. That is the same amount of knowledge needed to invest in the index itself.