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Vasudev Kamath Comment On Regulatory Notice 22-08

Sir/Madam, FINRA Regulatory Notice # 22-08 I consider it is my right and privilege to invest in the publicly traded securities like leveraged and inverse funds as part of my investment risk and returns. I have the knowledge and understanding about these securities and the risks that are involved as part of my investment strategies, the returns and loses that could come from these kind of investments.

Todd Johnson Comment On Regulatory Notice 22-08

In the past 40 years, federal policy has increasingly placed responsibility for retirement saving squarely on the shoulders of individuals. It is highly inappropriate for the government to assign that burden to individuals, then limit or restrict the sorts of investment vehicles available to individual investors. That includes leveraged funds, which, when the associated risk is properly managed, can produce outsized returns to an individual with otherwise limited means and help insure a comfortable retirement.

Richard Riffe Comment On Regulatory Notice 22-08

Leveraged/Inverse Products ... like other investment products, leveraged and inverse funds or ETFs have a useful purpose for those who have some understanding of the terms "leveraged" and "inverse"...

All a person has to do to understand what "leveraged" or "inverse" means is some MINIMAL research on their broker's website or the AAII website or any of dozens of other investment/financial websites readily available.