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Steven Davidson Comment On Regulatory Notice 22-08

In uncertain times and perhaps in sight of overvalued markets and potentially rising interest rates, I find the Proshares TTT, TBT inverse funds to be a useful hedge to balance my portfolio against expected adverse price movements in the market. I would not feel safe investing in this market without the safety of the hedges that these inverse funds provide. If you want to regulate away bad behavior focus on short sellers and whatever is going on in Robinhood-land.

Michael Peele Comment On Regulatory Notice 22-08

Please see comments.
Pass a regulator-imposed test of your specialized investment knowledge
-- This should be a few questions, not complex, just a couple basics.
Demonstrate a high net worth
-- Not high. $2,000 or something like that.
Get special approval from your broker
-- Not special approval, just the broker sees the $value, asks the questions, and then approves.
Attest to reading certain materials
-- Ok, kinda like options.
Go through cooling off periods during which you cant invest
-- Maybe a business day?

JY Comment On Regulatory Notice 22-08

As an EDUCATED retail investor, I feel the current systems in place are a bit TOO RELAXED for retail investors/traders to access complex products. But an outright ban is also very, VERY WRONG. We may need to raise the barriers somewhat by requiring education AND a simplified form of registration (certifying they understand the risks and perhaps a small registration fee to make the point stick) from the investor/trader to allow trading of complex financial products, but certainly NOT A BAN. EDUCATED traders like myself know that complex products are for TRADING, not for INVESTING.

John LeFuerst Comment On Regulatory Notice 22-08

Leveraged funds have allowed me to expedite my path to retirement and provide a better life for my family. I am fully capable of managing my money with leveraged ETFs. Regulating these funds would directly reduce the tax impact and would impact the economy negatively as I would not be able to spend as much as I could otherwise. Please do not my right to invest FREELY in leveraged funds.