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Tom DeToro Comment On Regulatory Notice 22-08

While I understand the nature of trying to protect investors from themselves on investing in certain investment strategies, the criteria presented as possible restrictions potentially goes too far. Investment knowledge does not always equate to net worth size noting that the greatest generation is passing more and more assets to younger generations including some that have very little investment experience/knowledge. I would potentially be okay with a test, however, administratively would be costly and difficult to prove the client did not look up correct answers.

David Miller Comment On Regulatory Notice 22-08

Ladies and Gentlemen: By limiting access to any investment opportunities you block any of us who are trying to improve our lives from investing you lock us from being able to improve. There is already in place on some things restrictions defined as an accredited investor. If you block us from being able to invest you doom us to classes of rich and poor and the middle class merging in with the poor. Do not do that to us who are trying to learn and improve our financial lives, Allow us to learn and make mistakes and grow. Thank you for your consideration.

 

Aaron Jeffries Comment On Regulatory Notice 22-08

I oppose restrictions to my right to invest in public investments, such as leveraged and inverse funds. I should be free to choose these funds doing my own research. It is not fair that only the privileged get to invest in what they want. I have a college education and plenty of other retirement savings. I should be able to make my own calculated risks. I am also willing to attest to that fact when I make these investments, just don't remove that possibility from me or make it more difficult.

Marcelo Zinn Comment On Regulatory Notice 22-08

There are dozens of vehicles in which people can choose to make investments. Individual stocks are very likely, if not managed correctly, to lead to substantial investment losses. This is also true with options, futures, FX, etc...

The key factor in all investment decisions is managing things the right way. Having different tools to help improve investment results are important. We should not limit our ability to invest in different products because some may make poor decisions, where others are making good decisions with them.