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Daniel Kessler Comment On Regulatory Notice 22-08

I am an individual trader with speculative positions in leveraged, reverse, index ETF's, which were established and are maintained through my retail brokerage account. I am extremely concerned about your proposed new regulations that would require brokers to qualify investors before allowing them to trade these instruments. I was well aware of the risks associated with trades of this type before I entered them, but if I am now to be denied the freedom to make my own strategic decisions, then my risk of loss rises substantially.

Plase Tansil Comment On Regulatory Notice 22-08

I sincerely OPPOSE any potential Interference by FINRA Regulators on my ability to invest in public investments such as leveraged and inverse funds. I use these funds to protect (hedge) my investment portfolio as well as to grow it as I see fit over the long term. PLEASE do not restrict my constitutional rights to use my money for any legal purpose which includes INVESTING in the public investments mentioned earlier.

Howard Lambert Comment On Regulatory Notice 22-08

These regulations will restrict the markets ability to determin the appropriate price for a fund. That is what the market is for - to determine the appropriate price based on the value of an investment and hopes and fears of investors. These proposed regulations will restrict the market's agility to do that. A down turn will be deeper and last longer with these regulations and will hurt investors, not help them.