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Michael Traub Comment On Regulatory Notice 22-08

These products have helped me pull in my retirement horizon by MORE THAN A DECADE! In fact, I have further built an entire business based on utilizing LEFT's and Inverse Funds, with the intention of this being a MAIN income stream at some point. I would be financially devastated if there were restrictions imposed - such as a proposed "cooling off" period. The products are not complex and the risks are not "hidden" in any way. I would argue these products are more transparent and clear to understand than traditional Mutual Funds - as often those are merely Funds of Funds.