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Dr. Gallelli Comment On Regulatory Notice 22-08

It is the responsibility of the investor, not the regulators to evaluate market risk. Predetermining these risk and who is qualified to take such risk is a slippery slope. Shall we regulate risk for public companies with historically high PE ratios? it is the investors responsibility to way risk and loss. Investors are not children, they need to take responsibility to for their actions. The regulation of or restriction of trading a public asset will not negate irresponsibility, it will just allow for such irresponsibility to occur under a different context or asset.

Richard Stoddart Comment On Regulatory Notice 22-08

The use of leveraged and inverse funds are no riskier than any other investment vehicle. It is all about asset allocation. Leveraged and inverse funds also help to balance and protect my portfolio. As a retail investor, trading options and utilizing leveraged and inverse funds are virtually the only ways to protect my portfolio from market declines or a bear market. This proposed regulation appears to be another tool used to prevent poor and middle class citizens from participating and benefiting from the markets allowing only the wealthy to get wealthier.

Elizabeth McCann Comment On Regulatory Notice 22-08

The types of investments that could potentially be impacted by SEC Proposed Rule #S7-24-15 is lengthy and diverse, including Leveraged and Inverse Funds, and can legitimately be incorporated as part of a comprehensive investment strategy. These are publicly traded instruments and I am an experienced, educated, and informed investor. I should NOT need to jump through additional hoops to be "allowed" to invest MY money in strategies that I believe best protect my total investment pool and enhance my likelihood of growing my investment.