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Mark Horner Comment On Regulatory Notice 22-08

As an experienced investor and trader I strongly oppose any regulations restricting my ability to freely choose my investing / trading instruments, which include leveraged and inverse funds and etfs, which I use frequently as in important component of my overall investing strategy. I should not have to go through some special process like passing a test before I'm given "permission" to invest in these funds. I am in charge of my investing, NOT regulators.

Jeffrey Kline Comment On Regulatory Notice 22-08

As a small retail investor, I think it is outrageous that FINRA should arbitrarily decide what retail investors can invest it by restricting access to inverse and leveraged funds to only high net worth individuals, and impose others barriers like 'cooling off periods' and getting special permission from brokers. Such rules and restrictions are elitist, unfair, and paternalistic. Please listen to small investors and do not go forward with this!

Donald Gladding Comment On Regulatory Notice 22-08

The proposed regulations by FINRA would be have extremally detrimental effects on liquidity of trading of Inverse and leveraged ETFs. As any investor leveraged ETF knows, these are trading instruments, and provide easy access for individuals to take advantage of Market volatility, much more so than options or futures. Inverse ETFs are very useful in hedging long equity positions, providing portfolio stability when major Wall St. firms are actively manipulating Markets.

Zeviel Persellin Comment On Regulatory Notice 22-08

Hello FINRA, I regularly trade leveraged products. I would like to continue doing so, however, I do think that some of these products should go away. In particular 3X inverse products. Not because I want stocks to go up, but these products decay rapidly when implied volatility increases, which happens when the market goes down, so they can never meet their investment objectives. An easy example of this is SPXS during the COVID crash. When markets were down 25%, SPXS was actually lower than when markets were at all time highs. You can validate this statement on your own.

Paul Sala Comment On Regulatory Notice 22-08

I use both bullish and bearish inverse funds to hedge as well as speculate on upcoming trends in the market. I am able to control my positions and don't need anyone looking out for my best intrests as I'm always 100% engaged when I have these types of funds in my portfolio. If other investors don't take their time to fully understand what they are purchasing that should be neither of our problems. Let them due their due diligence or learn the hard way and hopefully not make the same mistake twice.

Matt Oestreich Comment On Regulatory Notice 22-08

I oppose restrictions to my right to invest. I, not regulators, should be able to choose the public investment(s) that are right for me. I should not have to go through any special process, like passing a test, before I can invest in public securities. I am 100% capable of understanding leveraged and inverse funds, as well as the risks that come with investing in them. I do not need a regulator determining whether or not I understand my own personal risk. The securities/funds in question are important to my investing strategies. What is happening to free and open markets?

Robert Guenther Comment On Regulatory Notice 22-08

Remove settlement days on stock held in a broker account. Stop day traders who push and manipulate the market. Penalize "experts" who say one thing and invest the opposite. Where were you guys when Goldman was making recommendations to it clients and betting against them. Clean the game up before you try to limit participation. What big vested interest is causing to to propose this? Who did you prosecure as a result of the mortgage disaster, the originators, the buyer who resold, the rating agencies, AIG who did not reserve for the policies.