J Boothby Comment On Regulatory Notice 22-08
Stop trying to control our lives!
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Stop trying to control our lives!
Dear FINRA,
I'm writing to express my strong opposition to any regulations that limit my ability to choose and manage my investments. I am a regular, individual investor and I use leveraged investments regularly. They have helped me secure my nest egg for retirement and I would be greatly disadvantaged without them. Please do not limit investor's choices. I submit my strong opposition to any regulations that limit these types of investment options.
The proposed rules are completely ridiculous since the United States is far behind the developed world and any kind of blockchain or cryptocurrency regulation the United States must 1st establish procedural laws and regulations around crypto that provide clear guidance to the citizens on how they can invest in and own cooker occurrences and cooked occurrences depending on the type should not even be text as assets or as property like bitcoin is I have worked in block chance since 2015 and I am more than willing to give any advice on how to move forward with regulation Please reach out but d
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
Leveraged ETFs have been a very useful tool for me, and helped me avoid dealing with options which is more complex and dangerous. It has been a great tool for me and I would like to be able to continue to use it.
All people no matter their social standing should be able to invest in everything the oligarchs can now invest in. Don't be influenced by the oligarchs who own trillions worth of our economy
I use leveraged ETFs to hedge my positions, I know the risks involved. Less regulations, not more. I should be able to choose what I believe is right for me and my family using my own hard-earned money.
I have been investing in the stock market for over the last 22 years. I do not want anymore government control over what or how I invest MY money. It is important that regulations are not created to reduce my ability to earn or lose money with investment products. I do not want to pay for services that I have already been successfully performing myself. Do not make the system anymore unfair to the retail investor such as me.
I am against this proposed rule. Individuals are allowed to buy, gamble, open businesses,and donate without analogous restrictions on similar decisions which could greatly diminish their net worth.
Remember, this is a free country.
I have enough net worth, risk taking capability and knowledge to trade complex securities. Everyone should have the right to trade in a free market. Not sure who you think is stupid to not be able to trade.