Daniel Maryanov Comment On Regulatory Notice 22-08
The whole point of crypto is decentralization and no regulation
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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.
I oppose the restrictions on my right to invest in public investments like the ProShares/ProFunds.
Do NOT change investment options. Current warnings each time a leveraged trade is made by service providers is enough.
I am limited enough by regulations with purchases. I understand the risk implications of such an investment but I believe it is my choice. I don't think there is anything more to say.
Please get out of the business of trying to regulate the average guy. If you want to do something productive, find and jail those who are doing insider trading. Leave the leveraged ETFs alone, they are regulated enough.
Trading has recently become accessible to the public via apps in a way it has never been accessible in the past, and I believe that this broad access should continue to be available to all presently qualified people - for better or worse. The burden of responsibility ultimately falls on the individual to understand the risks of their actions and make decisions accordingly, whether it be in trading stocks or any other circumstance in life.