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Kevin Bouley Comment On Regulatory Notice 22-08

I appose rule #S7-24-15. I have been using leveraged and inverse ETFs as part of my investment strategy for years. They are vital as a hedge against long positions during market downturns, or to enhance returns when the markets are moving higher. They are a critical tool, and are used sparingly. There is no reason why only High Net Worth individuals should have access to these instruments. There is no reason why anyone should have to pass a test use these instruments. It should be the choice of all individuals how to best invest their money not regulatory dictates.

Mark Hollingsworth Comment On Regulatory Notice 22-08

I should be the one, not regulators, to choose public investments that at correct for my portfolio. No special process should not be required, and certainly not test performed to determine my ability to invest in public securities. Leveraged and inverse funds are very important to my investment strategies in hedging, enhanced returns, and as a limited part of my portfolio. I dont need someone else telling me what to do, or dictating what is safe for me. Regulators must leave my private decisions alone.

Cameron Miller Comment On Regulatory Notice 22-08

Do not restrict my right to invest my hard earned money in whatever product I so choose. Leveraged, inverse, variable rate, option, etc. products are important tools for individual investors like myself. Individual investors can and do understand many complex investments and investment strategies. Individuals have to be allowed to make mistakes in life, including investments, as part of the freedom and competition which provide a health economy and free society.