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David Wells Comment On Regulatory Notice 22-08

I cannot state how much I am opposed to excessive regulations taking away my freedom to invest as I so chose. I utilize put options on these types of leveraged funds such as UPRO and TQQQ to acquire shares tied to the S&P and Nasdaq at a very advantageous price and then sell covered calls against the shares once obtained. I can make upwards of 5% on my money each month with relatively conservative trades. Before I became aware of these funds I was using SPY and QQQ and investing the same roughly $500k in each, I was making only a little over 1%.

Dennis Pownall Comment On Regulatory Notice 22-08

Leveraged and Inverse Funds are a very important, PUBLIC investment that are a critical part of my investment strategy.
I understand why restricting them from some of the newer, uneducated investors is a valid concern, but those concerns can be handled in ways that would not restrict them from more experienced investors.
These are public investments that should remain open to experienced investors without restrictions.