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Charles Watson Comment On Regulatory Notice 22-08

I am very much opposed to any limits or restrictions on an individual investor's ability to purchase non-leveraged inverse ETFs. These securities allow individual investors to hedge during periods when traditional markets are experiencing negative returns. For example, during the first four months of 2022 SPY was down (12.99)%, but SH had a positive return of 12.85% Likewise, IEF had a negative return of (10.33)%, but TBX was up 10.71%. Like all investments, inverse ETFs involve risks, but they enable small investors to mitigate overall market risk.

Derek Johnson Comment On Regulatory Notice 22-08

Dear Regulators,

It's painfully obvious you serve the people who sign your checks and not the people of the United States of America who desperately need relief from countless years of centralized banking failures. I Should have the freedom as an American citizen (Not YOU) to invest my after tax dollars in public securities, including cryptocurrency funds funds such as BITO. I DO NOT NEED THESE MEASURES IMPOSED BY ME. MY FOREFATHERS HAVE GONE TO WAR FOR LESS.