Jun Qian Comment On Regulatory Notice 22-08
Comments:Please, please, do not limit our ordinary investor's choice of investment vehichle! It will not be fair!
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Comments:Please, please, do not limit our ordinary investor's choice of investment vehichle! It will not be fair!
Crypto is the future, especially with the current inflation we are going through. Its our way to hedge against the USD which is being creating at extreme levels.
This is without merit and I dont need the government telling me what I can and cannot invest within. Im an adult who has been investing and or trading for over 25 years. Please do not take away my ability to trade crypto etfs or derivatives off of it . Also, the government will be limiting their tax revenues in a lot of cases!!
I should be able to chose my investments and not regulators. Investing in cryptocurrency funds, such as BITO, is important to me and what I believe is my right.
Please maintain the ability of inviduals to purchase crypto currency ETF.
I am a successful investor with many decades' experience. Every investment I ever made required me to analyze the risks. Some worked and some failed. I will make my own decisions. The notion of passing a regulator designed test of risk sophistication is ridiculous, frankly insulting. The entire lot of your staff has no more - and probably less - risk assessment expertise. Why should I submit myself to their permission or disapproval? Nonsense. There is another aspect to your proposed policy: these are publicly traded instruments.
BITO I bought a small shares. It should not be removed.
Do not limit my financial decisions.
If I chose the risk of investing in a leverage ETF, that is my choice.
I oppose any restrictions on my rights to invest in public investments like BITO or crypto currency. I should be allowed to invest my funds as I see fit to.