Jim Hope Comment On Regulatory Notice 22-08
Stop all government intervention in our lives!
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Stop all government intervention in our lives!
Please keep government hands out of my investment options. Free markets made us rich, not politicians.
Regulators need to stop dictating what we as investors can and cannot due. The proposed regulations in rule 22-08 are akin to discriminatory voting test or other suppression tactics which have been used to disenfranchise broad demographic groups. All investments should be open to all. Regulations cannot protect us from ourselves. Restricting certain investments to high-wealth individuals or other "qualified" investors is financial discrimination of the highest regard.
Regulators should not be able to choose what public investments are right for investors. Its our money not yours. By doing so youre only taking care of special interest groups funding your campaigns and lining your pockets with perks for their personal gain, therefore crushing the very people trying to get ahead financially in life! Who do you work for, the people or the evil specialist interest groups who are corrupt? What happens to us investors who are invested in crypto funds currently! We lose our investments! Is that right to do to hard working Americans?
Investing in cryptocurrency funds, such as BITO, is very important to my investment strategies. I oppose restrictions to my right to invest!
Joseph H. Phoenix [REDACTED] May 3, 2022 Re:Comments FINRA Notice March 8, 2022 Dear Financial Industry Regulatory Authority (FINRA): It is my understanding that FINRA has proposed regulations in its notice dated March 8, 2022 that will make it less easy to buy and sell leveraged and inverse electronically traded funds. I trade with major brokerage houses. I buy and sell leveraged and inverse electronically traded funds and have successfully done so for over twelve (12) years.
Life is about choices. Some choices are riskier than others. You cannot outlaw stupidity. Liberty means I have the right to choose to take a risk, if I believe that the potential reward is worth it.
Do not stop access to the BITO fund.
I oppose to limitations on investing
No one has a right to take away anothers property and that includes moneys or investments. Respect others and you will be respected.