Skip to main content

Steve Wolf Comment On Regulatory Notice 22-08

Regulation of these critical investment tools is wrong. Okay to buy long only equity index etfs and leveraged long etfs but not inverse etfs or leveraged inverse etfs ? Come on people why arent individual investors allowed to make money no matter the market direction? I recall the federal government tried to ban short selling financial stocks and indexes during the financial crisis in fall of 2008! But its still okay to buy stocks like Peleton and Paypal and watch those decline 90%? Or buy the QQQ and have it decline 80 pct like in 2000-2003? Or look at IBB (biotechs) Now!

Christopher Nygren Comment On Regulatory Notice 22-08

I feel that government overreach has been getting worse and worse. I am a crypto investor. I feel some things that need to happen is making bots illegal for crypto. They are a problem for the industry when every tom dick and harry have a bot program like Pionex as an example. The government should regulate the industry, without screwing those who have been in it. I am for regulation on the condition it is for the benefit of all and not for the benefit of the wealthy.

Michael Wells Comment On Regulatory Notice 22-08

To Whom It May Concern:

I want to express my concern against for the proposed regulation that would limit or eliminate my ability in invest the leveraged and inverse ETFs which I currently have in my portfolio that I personally manage. I have used these effectively for years to grow my wealth and therefore:

> I, not regulators, should be able to choose the public investments that are right for me and my family. Public investments should be available to "all" of the public, not just the privileged.

Pete Jarvis Comment On Regulatory Notice 22-08

Dear FINRA, I am very concerned to learn about possible upcoming restrictions regarding my ability, as an independent small investor, to use complex investments such as leveraged and inverse ETFs. I am scared that these public investments will cease to be available to normal people like me and reserved only for a "privileged elite" of super-rich people and institutions to get richer. I am perfectly capable of reading prospectuses and understanding so-called complex investments such as leveraged and inverse funds, before I use them.