Madhav Sarraf Comment On Regulatory Notice 22-08
I strongly oppose the new proposed restrictions!
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I strongly oppose the new proposed restrictions!
I do not want crypto currency to be heavily regulated so I cant invest!
Leveraged ETFs are not always more risky or complex than an individual company stock. Some companies have very complex operations or products that are harder to understand than a 2x ETF. The risk of a single company going to zero value is probably larger than the risk of an 2x stock index going to zero. The use of a leveraged ETF could be related to a need for liquidity, or be tax related.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST in crypto.
Although I am opposed to restriction of access to complex investments for anyone, I fully support efforts to ensure that consumers are provided full disclosure in layman's/non-financial-professional terms about the complexities and risks that may effect their investing and investments.
Keep your hands off my investment money. If I have the liberty to gamble it away at a casino, how is that different from losing it in stock markets?
Please dont inhibit the free markets. We are not yet a communist country.
The proposals exceed the authority of SEC as watchdog and while perhaps intending to protect the rights of investors against risks of loss, or their own capacity or qualifications to invest actually result in immunizing the sellers from liability. The proper way to go would be notice and warnings as assumptions of risks.
I disagree with regultions that limit my right to chose My Investments under the claim of protection. I feel this is false narrative and wish to excercise my will.
Comments: Please do not limit investors' ability to trade "complex products" including leveraged and inverse funds. These products are not confusing. If you want to make sure investors are aware of what they are investing in then have them read a waiver in advance. Otherwise, there should be no restriction on what a private investor should be able to invest in in this manner.