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Christian Gangitano Comment On Regulatory Notice 22-08

Public investments should be available to all of the public with restrictions only imposed by a brokerage. Investors should not have to go through any special process before they can invest in public securities, like leveraged and inverse funds, except those imposed by respective brokerages. As markets face economic uncertainties and the likelihood of increased volatility in the near and long term it is even more crucial that leveraged and inverse funds can be liberally utilized by investors per their respective investment strategies.

Richard Ell Comment On Regulatory Notice 22-08

Does FINRA only wish to cater to the "RICH CATS" of Wall Street? ETFs are a Godsend to smaller investors, WHOM can NOT open $1 Million + accounts with Goldman Sachs, or Morgan Stanley....and get special privileges (edges) like getting 1st dibs on new IPOs etc. NOW, inverse funds are under review so SMALL fry WILL NOT be allowed to 'short' sectors of the markets? MUST we all NOW BORROW funds from brokers if we wish to HOLD overnight (or many nights) of a SHORT interest in an ETF? We'lll ALL have to SHORT the individual stocks, represented in the ETFs???