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Joseph Gerber Comment On Regulatory Notice 22-08

We appreciate you bringing the inverse and leveraged funds to our attention. We only use them occasionally because markets are up 2/3 of the time.
For short downtrends it is often best to wait until they are over, but in longer downtrends some money can be made.

Public securities traded should not have any special requirements for investing. These are public securities, after all. The proposed rules make trades available to the privileged more than the general public and that is not right, either.

Daniel Fuller Comment On Regulatory Notice 22-08

It is not necessary to restrict my access to different products. It is all right to send information and warnings if the SEC deem certain products are not straight forward, but it is NOT correct to restrict my ability to purchase or sell such investments.
This is nothing worse than "the government knows best." Our country is founded on freedoms. "We know what is best for you!" is substituting your opinion for my opinion.