| FINRA.org Skip to main content

Raymond Starsman Comment On Regulatory Notice 22-08

I have been very successful investing and trading with complex instruments and I have no formal investment training. Imposing restrictions on my ability to invest in these vehicles and making them only available to a select group of investors will harm me and many others that invest. The addition of pre-investment testing, certifications, training, or cooling-off periods are a deeply unnecessary restriction on the small investor. I have built a successful trading strategy around leveraged investments and restrictions like this will cause me financial harm.

Don Henry Comment On Regulatory Notice 22-08

it is unnecessary and a clear attempt to drive up costs for the investors by increasing dependence on paid financial consultants - you exist to serve the investors NOT those selling services. Please work at reducing regulatory burdens on investors and concentrate on keeping financial consultants and corporate Board members working for the investors and staying true to their fiduciary duties.

Richard West Comment On Regulatory Notice 22-08

I believe I should be able to choose whatever investments I feel are right for me and my family. There is no need to go through any special processes like passing a test, before I can invest in public securities, like leveraged and inverse funds. Those measures should not be imposed on me. I often use inverse funds to protect my portfolio or to increase my returns when the market moves against me. Therefore I am against the proposed changes.