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Michael Masello Comment On Regulatory Notice 22-08

Michael Masello
N/A

This is idea is wholly without merit. It sounds more like a reason to help the big investor and hurt the retail/smaller players. We don't all have the time, skills, funds, or ability to learn how to work the derivatives game of puts and calls. These leveraged ETF products allow the small investor a chance to level the playing field. I am strongly opposed to this idea. If the SEC wants to get rid of all derivatives than this idea is open for discussion. No more lending out shares, no more puts, no more calls, etc. Otherwise, keep the smaller investor with a chance to invest on a more even playing field.