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Samuel Walker Comment On Regulatory Notice 22-08

To whom it may concern,

FINRA has proposed a raft of potential restrictions on so-called "complex" investment products, among them leveraged and inverse funds. Whereas some of the proposed restrictions are at least somewhat reasonable, like passing some sort of rudimentary test to ensure the investor is aware of what the product is, others are downright outrageous, such as not allowing the fund to be held overnight.

Patricia DiGiacomo Comment On Regulatory Notice 22-08

The FINRA is a non-governmental agency designed to insure Brokers are acting in good faith to all their clients. It is not a governmental agency their to regulate the clients! And if you were a government agency attempting such a non-ethical proposal I would feel the same as I do with this agency. You are not their to protect client interests regarding investing. You are their to enforce the regulations set forth for Brokers and the Stock Exchange! That is what you do. That is all you do.