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2021071670001 Marianne O'Shee Smith CRD 1587765 AWC lp (2022-1651797434552).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2021071670001 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Marianne O'Shee Smith Former General Securities Representative CRD No. 1587765 Pursuant to FINRA Rule 9216, Respondent Marianne O'Shee Smith submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

Michael B. Comment On Regulatory Notice 22-08

As a retail investor that has garnered a profit over the years trading options as well as holding leveraged ETFs on and off and having gleaned through the wealth of information available to me about these products I don't believe there's any need for further regulation. Both options and leveraged ETFs should be trade-able by "non-sophisticated" retail investors at their own accord without the assistance of an advisor given they understand the risks, and the risks are made known to them upon being approved for options trading. Thank you