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David Millner Comment On Regulatory Notice 22-08

David Millner
N/A

I understand that in your efforts to protect investors from themselves you are planning to impose yet more suffocating rules and regulations. Please don't. Over regulation is running rampant and is already doing serious damage to our freedoms and productivity. Thanks for thinking of us, but please refrain.

I am one of millions who appreciate having timely and relatively unfettered access to the wide variety of investment instruments available. Being able to move quickly and relatively easily can be key to making or loosing capital that is part of our independence. Please review existing burdensome regulations and remove those that have turned out to be ineffective. Having sparse, smart regulations would be a very good thing.

Being over 70 I've already been hamstrung by regulations restricting movement of funds and other holdings between existing retirement savings accounts. Very frustrating.

Leveraged and inverse funds have been, and continue to be pieces of my investing strategy and have served me well over the long term. Please, please don't make them too difficult to be useful gong forward.

Thanks