Sandra Thornton Comment On Regulatory Notice 22-08

I should be able to choose the public investments that are right for me---not the regulators. Public investments should be available to everyone. 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. If you limit public investments like leveraged and inverse funds to the general public, it's excluding a strategy that is useful for overall portfolio management. I use leveraged and inverse funds frequently and I understand their risks. I do not need any measures imposed on me to invest in these types of funds. Leveraged and inverse funds are important to my investment strategies---like protecting or enhancing my overall portfolio. I have used these strategies for a number of years and don't understand why regulators would suddenly want to make it more difficult to invest in these types of funds. Aren't there more important things for regulators to focus on--like brokers who should have a fiduciary responsibility to their clients---or--financial education should be a part of the education process from a very early age so that so many people do not become victims of credit card debt or student loan debt or mortgage debt because they didn't understand what they were getting into. I could go on, but I believe that leveraged and inverse funds affect a small number of investors who are for the most part knowledgeable about investing. More time and energy should be spent by regulators on areas that affect a lot more people.