Thomas Egg Comment On Regulatory Notice 22-08
To Whom It May Concern:
Please find my official comment to FINRA Regulatory Notice #22-08. I oppose the contemplated restrictions for the following reasons (among other things):
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To Whom It May Concern:
Please find my official comment to FINRA Regulatory Notice #22-08. I oppose the contemplated restrictions for the following reasons (among other things):
Politicians need to get out of our pockets and leave our crypto alone.
Our money, our choice.
We should be able to invest as much as we want. It's not just for the Rich people
I do not support limits on leveraged or inverse funds, they provide a very useful and quite frankly safer alternative to investors like myself that choose to use these instead of options and traditional margin leverage.
They clearly indicate they are short term instruments so when used correctly can be a great tool in the tool belt of the retail investor.
I believe non traditional investment vehicles like these are here to stay, have high demand and should not have their access blocked from the investors that can benefit the most from them.
To Whom This May Concern,
I have been investing for many years and manage my own retirement planning. I would like to be able to choose what investments I make. The government should not be trying to protect me from my own choices. Everyone should be able to participate in investing as they see fit and to their own risk tolerance level. I do not object to educational info on riskier investments, but the ultimate decision should be mine.
People who demonstrate intelligence should be allowed to choose investments that are right for them, regardless of net worth.
I understand the risks of leveraged and inverse funds.
It does not make sense to restrict these even more than options which have even greater leverage and higher chance of loss.
Give me crypto or give me death!