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David Larsen Comment On Regulatory Notice 22-08

I take responsibility for all of my investment decisions. If I can't invest as I wish, can't explore the investment world on my own, I can't learn, because I'm not ever going to be a wall street firm employee or economics PhD. It's my money, and I want you to stay out of my decision making. I have my own advisors and educational materials. Your job is to keep people and companies honest. Do me a favor and look into the rigged silver market, eh?

Marsha Adams Comment On Regulatory Notice 22-08

It is common knowledge that markets are manipulated by large funds and privileged wealthy investors. Leveraged and inverse funds are the small investors way to level the playing field. People should have the right to make their own financial decisions. Information regarding risks is adequate to inform an investor who should take responsibility for their own actions. Passing a knowledge test does not insure that people will not lose money if they make bad decisions. I have used inverse funds to protect my portfolio rather than sell out when I see a down trend.

Brian Reeves Comment On Regulatory Notice 22-08

An investor for 40 years, and a retired CPA, I trade inverse and leveraged securities daily. They are a key part of my investment strategy. It's not government's job to prevent people from using well-designed and regulated products. However, each broker of such instruments must be required to explain, person to person live, the benefits and possible losses that can accrue to investors, especially inexperienced ones.

Raghavendra Aithal Comment On Regulatory Notice 22-08

I have been investing in leveraged funds over past 15 years. Any change in rule is going to affect my ability to come ahead from my losses. In the event any change should happen, FINRA should cover all my losses. I do have advanced education in science and math, fully capable of understanding the mathematical risk involved. If these tools are available only privileged ones, FINRA would be making decision for me how to invest while the privileged one get free pass. At this point in time leveraged investment is the only way I can recover my losses!