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Mark Lynch Comment On Regulatory Notice 22-08

Gentlemen, I am a fully accredited investor who selects from wide body of publicly available investments, including currencies, commodities, equities, and fixed income, both long and inverse, predominantly through ETF's. I fully understand the risks inherent in investing, especially the ramifications of investing in inverse funds, which reset daily. I use inverse ETF's to hedge and protect my investments, especially in markets that are trending lower.

Kenneth Fry Comment On Regulatory Notice 22-08

I would call myself a KNOWLEDGEABLE investor. I use a SMALL PERCENTAGE of my investable funds to sometimes buy inverse (or bear market) funds that are leveraged, as these leveraged funds are often the only ones available. I current own shares of SCO (a 2X leveraged bear fund based on the price of oil). While these funds are certainly not for everyone, my ability to invest in them should NOT be restricted. I am all for financial regulation. Let us NOT repeat the financial crisis of 2008.

Rolin Blake Comment On Regulatory Notice 22-08

This act is another form of financial oppression. The motives for why these ETF's are having access revoked is because the retail investor/general public can make too much money in eyes of the financial industry. They are not revoking access to protect us, the retail investors. They are revoking access to protect themselves, the financial institutions, from losing too much to retail investors. These inverse and levered products should remain available if America is in fact the land of the free.

Charlotte Carter Comment On Regulatory Notice 22-08

I want the ability to make my own decisions on what investments to make and when to make them. Timing can be everything. A "cooling off period" could miss the opportunity. You don't have to take a test to invest in the market, go to Vegas, or buy expensive cars and toys, so why single this out? Some people aren't good at tests but are capable of incredible knowledge and understanding. Leveraged and inverse funds are a smart part of my investment plan. If my stocks and bonds tank at least I have my inverse funds!

Jared Maltbie Comment On Regulatory Notice 22-08

I not regulators should be able to choose the public investments that are right for you and your 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 you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of understanding leveraged and inverse funds and their risks. Leveraged and inverse funds are important to my investment strategies. They help me protect (hedge) my investments or seek enhanced returns.