Randy Abigt Comment On Regulatory Notice 22-08
Individuals investors should have the ability to invest in the crypto ETF if they want to.
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Individuals investors should have the ability to invest in the crypto ETF if they want to.
MUST KEEP MARKETS FREE AND OPEN.OR ITS IMPOSSIBLE TO MAKE BUSINESSES MOVE, THIS INABILITY TO OPERATE AND BUY AND SELL COMPLETELY TAXLESS WHAT IS PRIVATE PROPERTY NEEDS TO STOP. BY TRYING TO CONTROL THIS YOUR KILLING A VERY GOLDEN GOOSE WHICH EXPANDS EVERYONES CAPACITY TO HAVE A BIGGER PIECE OF A BIGGER PIE
EVERYONE WINS BY TAKING TAXATION OUT OF ALL CRYPTO EQUATIONS, WE PAY ANY INTEREST TROUGH A MUCH NEEDED INCREASE IN SALES TAX. INCOME TAX IS ANTITHETICAL TO AMD REPUGNANT IN A FREE AND OPEN.SOCIETY.
I strongly oppose any restrictions or limitations on ability of free trading and investing in any complex products as leveraged and inverse funds offered by ProShares.
Each person needs to make investments of their choice and not be determined nor controlled by anyone else.
The overreach of power will lead to civil unrest.
These rules seem to place an undue burden on me as an individual investor. I dont believe I should have to pass additional hurdles above and beyond what any other individual has to do. This country is founded on equal opportunity. That includes opportunity for success and failure. Anyone without the knowledge to invest in certain instruments would do so at their own peril. The existing disclosures are sufficient to make an informed decision. More than sufficient actually.
You not regulators should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.
It is very important that you express your views in your own
wordsyour comments are more likely to be taken seriously
by FINRA if they reflect your own experience and perspective.
Not only do you have the right to share your views,
but the regulators are required to take your comments into
I can take care of all investments without more onerous rules from the gov't. thank you.
Putting a capital requirement on freely trading leveraged etfs just adds another barrier to entry for lower income people to enter the stock market. All brokers already clearly state the risks when people trade these products so everyone should be able to determine for themselves whether its right for them. The stock market shouldnt just be a playground for the wealthy it should be for everyone.
Public investments should be available to all in society. And not left to a privalidged few. I do not need a nanny state regulatory authority imposing these measures on myself or other family members. I use these in a limited part of my portfolio from time to time for specific reasons. Therefore I do not agree with your reasoning for your over-reach consideration.