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Joel Friedland Comment On Regulatory Notice 22-08

I have been contacted by a website called "Let Everyone Invest" that says under the regulations being considered by the Financial Industry Regulatory Authority (FINRA), if these public securities are deemed to be complex, you may not be able to buy them unless you: 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. I agree that FINRA should do all that and more..

Jose Garcia Comment On Regulatory Notice 22-08

Leveraged ETFs and options can help investors reduce their risk and be a great tool when used properly. In many cases, these tools can reduce an investors risk overall portfolio risk. To exclude their use by everyday investors is to put many of them at a disadvantage and possibly an even more at risk position. Simply buying and holding individual stocks can be much more risky, and the equities market would cease to exist if that weren't allowed.