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Bret Pearcy Comment On Regulatory Notice 22-08

Dear FINRA,

I respectfully ask you to please refrain from enacting any additional regulations on this type of funds. A statement that notifies the buyer of the risk already has to be signed!
There is no need for any additional onerous regulations in buying this type of fund in a free market environment.
The purchase of these funds should not be limited to the super wealthy or financial experts only. This type of fund or funds provides the ability to hedge or balance one's portfolio.
Thank you.

Michael Lenker Comment On Regulatory Notice 22-08

Proposed limits on access to leveraged and inverse funds have no place in a public market. Individual investors are the appropriate judges of these investments' suitability for their particular investment plans. Plenty of sound advice is available for newbies, if needed, at a reasonable cost. The US regulatory regime is already outrageous, handicapping US citizens compared to nationals of other Western nations. Many foreign institutions refuse to deal with us at all, because of the reporting burden you place on them.

Nicholas Palombo Comment On Regulatory Notice 22-08

To price Americans out of investing instruments or to impose any measures that keep retail investors from accessing investment instruments is just about as un-American as it gets. Many investors, myself included, find leveraged and inverse ETFs as unique opportunities to obtain margin without needing a margin-enabled account or without taking on direct debt to invest in the stock market.