Anonymous Comment On Regulatory Notice 22-08
I think it is good and reasonable move. It will help make the market less like casino. The question is how will the test be designed to make it really informative to retail investors.
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I think it is good and reasonable move. It will help make the market less like casino. The question is how will the test be designed to make it really informative to retail investors.
I'm not in favor of the proposed restrictions.
I believe that regulating my right to invest in what might be of benefit one day to myself and my family, is tantamount to disallowing me to better myself, or even prosper. If I feel I am ready and willing to absorb the risk of losing money to take a chance on possibly making money...then I should at least be allowed to do so!
I absolutely object to having my established rights curtailed in anyway shape or form. It is truly anti-American to restrict my right to invest in public investments.
I am a small retail investor. I understand the complex investments that I purchase, such as the BITO ETF. I object to the SEC interfering in my ability to easily and freely buy and sell these types of investments.
I oppose the proposed restrictions suggested limiting investors the right to invest in cryptocurrencies and other investments identified in Rule #S7-24-15. Please do not pass the proposed rule.
Do not take away my rights to decide how, when, and what legitimate investments to make. I am in charge of my financial future and make decisions based upon my situation, risk appetite, and personal goals. I can read risk documentation to understand my decisions and DO NOT want regulators determining what is right for myself and family.
Regulators should only make sure investments are legitimate and legal. They should not be deciding who may and may not invest in any investment. This is a free country and everyone should have equal opportunity to invest as they see fit.
I am an educated adult and want the freedom to purchase assets on Fidelity, Vanguard and others. I do not need FINRA to increase regulation under the guise of protection.
Same I invested in two accounts. Please dont cancel BITO!