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John Shipley Comment On Regulatory Notice 22-08

As a retired RIA (registered investment advisor) I have witnessed the effects of accredited investor rules first hand. From my experience with my clients those types of requirements do nothing to protect the investor, or ensure they understand the investments they are making. I have seen high net worth, high income individuals make horrible investment decisions. And I have seen individuals who can not meet the requirements be much more intelligent investors.

Jeff Gietman Comment On Regulatory Notice 22-08

My opinion is options contracts are far more inherently dangerous for inexperienced investors. I believe leverage funds have gone to great length to explain their products and cost and inverse funds can help mitigate downside risks in a portfolio. Neither leverage nor inverse inhibit what the market is designed to do: price discovery. Index funds also skew the market but are fantastic investment products. Caveat emptor or a fool and his money...