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John Poropat Comment On Regulatory Notice 22-08

Based on my own investment and accounting experience, education and forma FINRA licensing I am capable of understanding leveraged and inverse funds and their risks. I should not be required to go through any special process or passing a special test before I can invest in any public securities, including leveraged and inverse funds. I should be able to choose whatever public or private investments that I deem are right for me and my family not just who you deem are privileged investors.

Thomas Cegelski Comment On Regulatory Notice 22-08

Please do not restrict my rights as an individual to invest in public investments yet allow a privileged class to continue to invest without any restrictions. This is unfair to individual investors. Your assumptions that we are too dumb to understand complex investment strategies is an insult to all American investors. Your regulators are not our parents to make us do special process to invest. This is America where an individual has the right to pursue liberty, happiness and freedom to invest his or her choosing. We do not need any nanny government regulation to hinder our pursuits.

Christopher Dixon Comment On Regulatory Notice 22-08

I am against regulators limiting investors from trading leveraged and inverse funds. They provide me a useful way of hedging so I don't have to sell portions of my portfolio that have tax consequences. These funds also provide additional liquidity to markets allowing them to function. These types of funds are easy to understand so the public should not have to be accredited or pass any test to be able to invest in these. I have a Series 65 license and speak with this experience.