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Anonymous Comment On Regulatory Notice 22-08

Please see below for comments in response to Regulatory Notice 22-08. Thank you for the opportunity to provide feedback. Definition of complex should be objective- if use of derivatives is a criterion it should be applied to all funds that do so. This suggests that more useful criteria would focus on factors like maximum risk of loss, risk of the fund not being able to meet its stated objectives, and systemic risks specifically related to the product, such as investors' inability to meet margin calls.

David Medlin Comment On Regulatory Notice 22-08

I have used this product both as an advisor and now as a retired advisor, but now as a regular investor.
The availability of easy products like the inverse ETF is simple to use and should not be as restrictive as it currently is.

I find it odd, that now that the bull market is struggling, here comes the big brother regulators taking away the protection investors need.

You should NOT make this more difficult for investors, you should make it easier. In fact, the entire system is bias to the long side and this feels like market manipulation to me.