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Luis Barreto Comment On Regulatory Notice 22-08

Having the ability to invest on leveraged and/or inverse ETFs is an integral part of my investment strategy as it allows me to take advantage of market volatility and or hedge against it. These funds provide an easy mechanism to optimize returns and reduce risk. As with any other investment product, one needs to be familiar with its characteristics, liquidity and inherent risks. I dont believe regulators should do investors homework to protect themthe focus should be on the ETF funds providers to ensure their disclosures are transparent and complete.

Devon Scott-Tunkin Comment On Regulatory Notice 22-08

I should be able to choose my investments and apply leverage when needed despite my net worth or status. I am perfect capable of understanding the risks of leveraged funds. The risks are very high, but no worse or better than the risks of investing in other highly volatile securities like individual stocks and commodity etfs. Investing in Facebook would've lost me 50% of my investment in one day.