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Kyle Hercher Comment On Regulatory Notice 22-08

I feel strongly that FINRA's proposed rule (#22-08) is incorrectly applies 'investor protection' as FINRA's stated purpose is, specifically with regard to leveraged and inverse products. As a user of such products, were these rules implemented, I would be forced to potentially re-create the same sort of exposure on my own which is a far greater risk to my own personal net worth than it is to invest with professional money managers.

Chun Pat Comment On Regulatory Notice 22-08

I am strongly opposed any additional regulations to leveraged and inverse securities. All investments have an element of risk; by requiring a list of pre-requisites to trading these securities, you decrease the investor base with access which could add to increased volatility as well as making the acquisition and disposition of said securities much more difficult. Additionally, further regulations would limit the pool of investors by a yet undetermined threshold, endangering currently held positions and carefully crafted investment plans.