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James Cunningham Comment On Regulatory Notice 22-08

As an amateur investor, I find leveraged and inverse funds to be a huge help in complementing my investments and hedging against falling markets. I am WELL aware of the risks associated with leveraged and inverse funds, as my broker often posts warning statements on the trade screens when I buy these funds. Leveraged and especially inverse funds offer me an "all in one" product that otherwise I would have to spend time short selling and tracking prices to match the tracking index.