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Michael Elkins Comment On Regulatory Notice 22-08

Leveraged and inverse funds are highly valued-liquid trading instruments that I find very useful for quickly getting long and or short the market and are frequently used for hedging purposes. These products provide a very effective means to manage capital at market risk and there are no other inexpensive-scalable alternatives available to retail investors. These leveraged products provide investors the opportunity to achieve similar performance without tying up as much capital which increases precious liquidity for other investments and non-investment needs.

Blaine Weber Comment On Regulatory Notice 22-08

My wife and I not regulators should be able to choose the public investments that are right for our family. Public investments should be available to all of the public, not just the privileged. We 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. We are fully capable of understanding leveraged and inverse funds and their risks, and we do NOT need these measures imposed on us.