More regulation by the U.S. Government is not needed. Investors should be required to understand what they are investing in, prior to investing, which I believe they do. The government need not be involved in what the appropriate investment is for a particular person. These type investments can be used as a part of a strategy, for instance as a hedge to protect other investments which may lose value, and taking away this type investment could result in severe losses.
Peter Merola Comment On Regulatory Notice 22-08
More regulation by the U.S. Government is not needed. Investors should be required to understand what they are investing in, prior to investing, which I believe they do. The government need not be involved in what the appropriate investment is for a particular person. These type investments can be used as a part of a strategy, for instance as a hedge to protect other investments which may lose value, and taking away this type investment could result in severe losses.