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Brian Sempsrott Comment On Regulatory Notice 22-08

Dear FINRA, I am dismayed to hear of your plans to impose restrictions on the types of public investments that I can invest in. I am an adult and you are not my parents. I am capable of making my own decisions about what I buy and understanding what I buy. Even if I weren't, it is still wrong for regulators to try and decide who is able to participate and who is not. I urge you to reconsider these possible actions and let the public make their own choices.

Gary Fox Comment On Regulatory Notice 22-08

I am concerned about potential regulations that would limit access to leveraged and inverse funds especially for small investors. I find these funds useful to hedge my portfolio while preserving cash. They are a useful risk management instrument when used appropriately. Rather than place burdensome restrictions on investors, FINRA might consider requiring more transparency from companies issuing such funds including more information on the fund returns compared to the unleveraged index over various time periods and tracking errors.