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Rohan Venkatesh Comment On Regulatory Notice 22-08

Leveraged ETFs provide a convenient way for investors to have expanded exposure to an asset with less capital upfront. I understand the expanded risks of these instruments including volatility decay, but I feel that they suit my investment objectives of gaining expanded exposure to a diversified underlying index such as the S&P 500. I have done the math and assessed the risks, and I position my portfolio accordingly to account for the potential risk and return. Please allow investors to retain the ability and freedom to position their portfolios according to their objectives.

Paul Ito Comment On Regulatory Notice 22-08

Dear Sirs, I am writing today re: Proposed Rule #S7-24-15. This rule should not be adopted for the following reasons: I should be able to choose the public investments that are right for me and my family, not you. Public investments should be available to all of the public, not just the privileged few that you deem worthy of making that investment. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds.