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David Trevisan Comment On Regulatory Notice 22-08

Comments:
I have been investing in the stock market for almost 39 years including 29 years working as a financial advisor.
I have traded leveraged and inverse ETFs
in my own account and understand the risks of same. Fidelity has provided ample warnings of the risks associated with these
Instruments. I would be supportive of FINRA efforts to protect investors for whom these ETFs would be unsuitable but opposed to any rules changes that would impact my ability to trade them.

James Black Comment On Regulatory Notice 22-08

I support FINRA Regulatory Notice #22-08. Complex investment scheme should be limited as they're deemed to be highly risky for lay person. Greedy broker and fund investors take high commissions and fees while tricking people those funds are in high yield.

For people would like to invest, they NEED:
Pass a regulator-imposed test of your specialized investment knowledge
Demonstrate a high net worth
Get special approval from your broker
Attest to reading certain materials
Go through cooling off periods during which you cant invest