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James Cai Comment On Regulatory Notice 22-08

* Hurts Investors: It could potentially deny my the freedom to choose investments that could help me achieve long-term financial security. Upends Our Regulatory System: Under the long-standing disclosure-based system, investors have the right to decide which public equities, bonds and funds they want to buy. * Investment always involves risk. It is investor's responsibility to control the risk of our own money, not regulator's.

Peter Roumanas Comment On Regulatory Notice 22-08

1.I believe that individuals and not regulators should choose what investment is appropriate for them. 2. Easiest way to add leverage to your account as these funds are very liquid. I bought soxl nail and tqqq/ ton of money made as you didnt have to keep adjusting positions ie for time decay as in options. Even if you held them for 5 yrs !!!! you made a ton of money and that included 2020 and 2018 crashes where as if you were in options or futures you got wiped out. 3.

Douglas Sweeney Comment On Regulatory Notice 22-08

I am writing to request you refrain from placing more regulations on the trading community with regards to inverse instruments. Information is readily available and has been sent by my trading house regarding the risks associated with these instruments. Such instruments are an important part of trading and provide hedging tools for portfolio management. We do not need more government intervention placed upon the free market. I request you refrain from such practices.