James Long Comment On Regulatory Notice 22-08
Gentlemen, I would like to object to any proposal to restrict trading in certain securities such as leveraged and inverse funds. I am not a high net worth individual, but I have read several books on trading and investing, have taken several courses and belonged to a trading club for a while. So I feel I have a more than adequate understanding of how markets work and the risks involved. Furthermore, there are already adequate warnings and protections available to investors/traders who will avail themselves of them. Opportunities for investor education already abound.