Thomas Dolfin Comment On Regulatory Notice 22-08
Please leave your hands off my money
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Please leave your hands off my money
Public investments should be available to all of the public,
without passing tests to invest. We should be able to decide what is right for us and our family. We do not need additional measures imposed on us.
Uphold the free market
I oppose restrictions on the right of investors to invest in leveraged and inverse funds. It is important for investors to be able to freely choose their investments without the onerous burdens of having to clear regulatory hurdles. Each investor should have the right to decide for themselves how to best use public investments in achieving their goals. The more free choices of investments available to investors, the better. The public disclosure system that has long been in place for public investments is good as it is and should remain as it is without any new restrictions.
There are many reasons this would be an abomination, but I will just go into one. Since the beginning of the NYSE, people have been fighting to democratize the market and make it accessible to all. It is in everyone's best interest that the market is accessible to all. This rule change would destroy all the work to make the financial markets accessible to all, regardless of status, race, class, etc. Why should someone have to be from wealth, and pass a test, just in order to properly hedge their portfolio with inverse funds?
The whole point of crypto is decentralization and no regulation
I am deeply concerned about the possibility that my trading rights will be limited by a new set of regulations They will deeply impact my ability to earn a living and limit the tax revenue that you would gain from my 20 plus years of trading.
This is an assault on the public securities markets. These special ETFs are important public investment vehicles for the public on various accounts. Liquidity, time interval money management allocations, diversification, as well as speed of execution. First step to socialistic overreach insulting the investing public's freedom to buy liquid fund investments traded on exchanges , with different leverage and price discovery directional objectives
Please stop fighting critical assets and leverage for the smaller investors.
Big banks simply want more control and force people into underperforming assets like mutual funds. Please let the public invest how and when they want...
There is way to many restrictions for non accredited investors is it is!
I oppose this rule as I should be able to invest the way I see fit. I use leveraged etfs to balance my portfolio and maximize returns for my family. These types of investments should be available for all, and not the chosen few.