Winona Sodd Comment On Regulatory Notice 22-08
I Oppose any/ all regulation on crypto!!
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I Oppose any/ all regulation on crypto!!
Restricting investments for individuals in any publicly traded security or fund/ETF should be forbidden. Who are the regulators that seem to think that they get to play "God" with my money. Exchange traded funds/ETF's, stocks all go thru rigorous disclosure requirements and clearly indicate there is "risk" of loss when investing. This is clearly overreach on the part of the regulators and dystopian!!
Leveraged funds have performed the best for my portfolio. I have literally quadrupled my money that was put into UCO and HZOZF(which I can no longer buy due to new regulations) by holding them both longer than a year, not day trading them as they are apparently designed for. Let the adults make adult decisions about their own money.
I strongly oppose any restrictions on my right to decide what I can and cannot invest in. I currently invest in 2X or 3X products, both bullish and bearish. I am a grown adult, with 30 years of experience in the markets and do not need additional protection from regulators. I take personal responsibility for my decisions and would prefer that you leave me alone to invest how I prefer. I find the idea of passing a test reprehensible. People are fed up with government overreach and imposing restrictions on me is unacceptable. Thank you.
I not regulators should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged. Likewise, government should not have the right to force people into investing if they dont want to invest. Who will pay more attention to their own money but the owner.
Please STOP attempts to introduce regulation FINRA Regulatory Notice #22-08.
Hi, I have been Investing for 30+ years. I do not feel that I need to have someone else tell me that I would need to complete A test to determine what I can invest in and not invest in. I use Inverse and leverage funds to invest in as part of my investment strategy. Unless someone wants to guarantee losses on my own Investments then no one should tell me what I can invest in without having some regulations. I want to be able to invest the way I please.
I oppose restrictions on my right to invest in public investments.
Freedom and self-determination are essential to a better life for me and my family. I have spent much time and dollars to equip myself for trading options and futures to which I have been able to better my returns and hedge my accounts from future declines. Therefore, I say that I should have the freedom to engage with these instruments without interference to achieve my financial objectives. Thank you, John DiFonzo
People with my net worth ($5 million), education (MBA), and many years (60) of investment experience should not have to pass any other tests.