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Tim Schmalenberger Comment On Regulatory Notice 22-08

John Q public should ALWAYS be able to choose what investments THEY feel is right for them....period. The USA is still a FREE COUNTRY and thus its citizens should always be free to choose their investment vehicles and strategies with NO special application, process or test to invest their hard earned money. As a FREE citizen, I know the risks that I am taking when I invest in any security that furthers my investment objectives. They don't always generate a profit, but it is my choice and my choice alone that I make willingly in my long term investment strategy.

Bruce Vandenbos Comment On Regulatory Notice 22-08

It is my understanding that you are considering restrictions to leveraged and/or inverse investments... I sincerely disagree with this proposed policy. As a retired Naval Officer (pilot) with 2 Engineering degrees and an MBA -- I think I'm capable of evaluating risks within my investment portfolio. Moreover, all investment involves risk and every investor knows it and Public investments should be available to all Americans not just the uber rich!
Thank you for your consideration,
Bruce Vandenbos
CDR USN Ret