Skip to main content

Philip Brown Comment On Regulatory Notice 22-08

I should have the right to invest money as I see fit. I use SSO and cash positions to help me automatically balance my investments. Since SSO is approximately 2*SPDR, I put 1/2 in SSO and 1/2 in cash. This is basically equivalent to SPDR. BUT, if the market goes down, more ends up in the cash position, and if the market goes up, more ends up in the index position. This way I don't have to manually balance as often. I have done this for about 15 years and it has worked out very well.

Sydney Noeske Comment On Regulatory Notice 22-08

This rule is unfair and biased against all people who are not already wealthy and have cheated the system to become more wealthy. Everyone should be allowed to participate in all facets of our economy or else we are not a free and fair democratic capitalist society. We would be an oligarchy that allows on the wealthy to benefit from the highest earning investment opportunities. This rule is unconstitutional for the right to the pursuit of happiness and should not be passed.