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Mike Jones Comment On Regulatory Notice 22-08

Hello, Regulators,

Nobody likes you. Many (fully) understand what you failingly attempt to do. Billionaires get full access to an American Dream, freedom to make money and upward mobility (they already have it.), while you (failingly) try to disenfranchise regular people those who can use it most. Free, and open markets mean free for all: Try focusing on frauds as stocks, frauds, Chinese A.D.R. frauds. Yet we realize you did not get instantiated for these (real) purposes. Lovingly, kick rocks.

Sincerely not yours,
Mikes Jones

Ampai Siripipat Comment On Regulatory Notice 22-08

I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST My education - a Ph.D. from a university in the U.S. and mathematics as my Bachelor Degree's minor subject, I am capable of understanding leveraged and inverse funds and their risks. I - not regulators - should be able to choose the public investments that are right for me. I shouldn't have to go through any special process like taking a test before I can invest in public securities. There is no need for any measure imposed on me. Public investments should be available to all of the public, not just the privileged, not just the selected ones.

Alexander McAlister Comment On Regulatory Notice 22-08

leveraged funds are a important hedge strategy in our investment planning with market volatility. Why regulators would want to restrict investment in these instruments makes no sense. This is just more restriction on our rights and is most likely unconstitutional, under the guise of government protection. Current warnings about investing are totally sufficient. Advice about investing using a fiduciary is the best way to prevent uninformed investors from making uniformed investments.

Charles McManus Comment On Regulatory Notice 22-08

I am a simple accountant from Long Island, NY. I have been investing in inverse ETF's for 13 years. In 2009 I left a low paying job as a tax auditor for the Pennsylvania Department of Revenue. They cashed out my accrued pension benefits, which were worth $6,500. I deposited this money into a traditional IRA rollover account with a broker in February 2009. I invested 20% of the proceeds in a Proshares leveraged long index structured product and 80% in a Vanguard index fund.