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Todd Pettibon Comment On Regulatory Notice 22-08

Dear SEC, I'm vehemently opposed to Rule #S7-24-15, as it limits the available securities to the public which are within their right to own. As a licensed investment advisor, we already provide the expertise to our clients to explain leveraged and inverse funds as investments. Specifically, these are not recommended for every client, but can be quite useful for clients as a hedge, and should be available to the investor without a steep set of criteria that limits the market breadth and increases risk by reducing real market forces.

Steven King Comment On Regulatory Notice 22-08

In today's investing landscape, it's important that regular people have access to leveraged and inverse funds. As the market is falling, the only saving grace to my portfolio has been leveraged and inverse funds. I am fully capable of understanding leveraged and inverse funds and their risks. If I so choose to buy them regardless, that is my choice and my right. I don't need regulators to save me from myself. Me, not the regulators, should be able to choose the public investments that are right for me and my family.

Joseph Zadeh Comment On Regulatory Notice 22-08

Are you people out of your mind? The market is going down, the economy is bad, a negative GDP number today, and buying inverse ETFs is the way people can protect themselves from falling asset prices and being put out of work. Why in the world are you doing this now? It seems like a desperate move to keep the market from reaching lows. You are not helping me. You are hurting me, and I do not want you FINRA people involved in this at all. Are you people willing to put your money where your mouth is and pay me if the market does go down and you prohibit me from buying it?