Timothy Luce Comment On Regulatory Notice 22-08

First of all, no one can prevent a fool from squandering his/her money. You may block a few ways, but he/she will find another way to lose it.
By restricting investments, you prevent people the opportunity to grow their wealth on their own and force them to go to mutual fund managers who charge exorbitant fees.
In taxable accounts, I can trade options that allow to make money in bull markets, bear markets and sideways markets.
In tax deferred accounts, I can not trade options to make money in bear markets and sideways markets. I can trade inverse funds to make money in these markets.
These rules will severely impact my ability to grow my wealth.