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Jun Kato Comment On Regulatory Notice 22-08

JUN KATO
N/A

I strongly oppose SEC Proposed Rule #S7-24-15, which is to unreasonably restrict my right and benefit to make the best of cryptocurrency ETFs as one of core segments of my ETF portofolio. With the recent growing liquidity for cryptocurrency, I cannot sense any peculiar risk characteristics in cryptocurrency ETFs, compared to more commodity ETFs or FX ETFs. Also, with the recent jump in inflation all over the world, demand for more variety of risk hedging tool in ETF portfolio is sky rocketing.