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Cryptocurrency funds such as BITO are a part of my asset allocation. Traditional asset allocations consisting of just equities and bonds are too narrow, and I feel commodities and crypto help flush out a more balanced portfolio.
No restrictions please!
My investing should be MY decisions and no one else, and certainly not any govearnment.
This regulation doesn't help me as a consumer or investor. It hurts me. It takes away my options and my ability to decide what is right for me and my finances. The attitude that individual investors are too dumb to understand "complex" investments is offensive. I do my homework and choose my investments based on my own risk profile, investment vehicles and asset classes that I believe in, and having a balanced overall financial portfolio.
Dear FINRA, It is imperative consideration for Proposed Rule #S7-24-15 be discontinued. The funds in question provide individual investors the means to easily diversify and balance exposure over multiple asset classes. This diversification, alongside the already significant margin requirement for purchase of the funds, reduces overall investment risk. This proposed rule would hurt the individuals it is supposedly trying to protect. All individual investors must retain the right to choose the investments they want in their portfolio.
I oppose restrictions on my to invest in public investments. I want the ability to choose any public investments that are good me. I don't want any special processes in place.
I Think it should b my option to choose to buy or not to buy crypto.
We ALL should be able to decide how to invest and not regulators. The government wants to only cater to the privileged few. This administration wants to exert their power to control the common citizen. We live in the USA to be free and to have a right to choose not to be governed by a quasi communist regime that dictates how we live.
FINRA - It ain't your job to decide what investments I can participate in! It is my job.
We're all adults here. Let people be responsible for themselves.