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John Wertz Comment On Regulatory Notice 22-08

Leveraged and inverse funds, like all nearly all investments, are risky. Adequate disclosure of risks should be sufficient for individual investor protection. If regulators do not believe that investors understand the risks from the prospectus, then what does this say about efforts to protect investors in domains beyond these funds? Moreover, what risks are unique to these funds that regulators believe are not well understood by investors despite disclosure (e.g., slippage, liquidation risk)?

Stephen Ellis Comment On Regulatory Notice 22-08

I'm adamantly opposed to the intrusive and burdensome proposed regulation per FINRA Notice #22-08 of my straight-forward investment strategies which includes the regular, but always limited use, of leveraged and inverse funds.
It is absolute nonsense that FINRA would even think about sticking its unwanted nose further into such an important but limited investment activity that is very much an important element of my investment activity.
You have no business intruding on investors in this outrageous fashion!