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Matthew Noble Comment On Regulatory Notice 22-08

This regulation would be used by financial advisors to essentially create a tax on individual investors who want to get exposure to certain financial products directly on their own. Perhaps there should be regulations that explicitly lay out risks of certain investments, but to force individuals to take a test or be licensed to directly buy certain investment products is entirely un American. Should we make people take tests to buy lotto tickets? Bet on sports? Go to the casino? Start a business with their own capital? These are all tremendously risky investments as well.

Brent Carlson Comment On Regulatory Notice 22-08

I understand with the influx of retail investors in the past couple years there is a need to help protect them from all of the complex investment options out there, however, restricting use is not the answer. It seems at every turn recently, the retail investor is used as the excuse for a problem that is caused by the major hedge fund and market makers. Retail traders do not have the ability to make the S&P behave like a penny stock with violent swings.

David Denton Comment On Regulatory Notice 22-08

Dear FIRA regulators, the effort to limit the ability for average Americans to enjoy the fruits of investing in these instruments is yet another example of Government overreach. If anything, the investor of today is more knowledgeable than when I started investing over 30+ years ago. I think the existing limits in place today are sufficient to protect the public. I know that limiting these investments will greatly reduce the potential for Americans to supplement their income in retirement.

Brian Sledge Comment On Regulatory Notice 22-08

Please stop telling small private investors what they can and cant invest in; our money is green like everyone elses and if we want to take the added risk of leveraged investments we should be able to accept that risk and do so. Requiring accredited investor status is particularly egregious as it excludes 90+% of investors. Its 2022, people are more educated about investing than ever and we need to stop stacking the deck in favor of rich people continuing to run the market.

Orlando Vidalcardoso Comment On Regulatory Notice 22-08

Hello I not regulators, should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. I don't like shorting ETFs so buying long on an inverse ETF is critical for me to be able to make money in bear markets. Same goes for 2x or 3x ETFs. I can enter with smaller lot sizes to receive better payout. Yes I understand the risks. Please dont remove this ability from law abiding tax paying citizens. You will just drive us away and reinforce the negative stereotype of centralised finance.