Austin A Pope Comment On Regulatory Notice 22-08
Qaulifieid investor rules are the most discriminatory thing in existence. The pompous notion of this being "for your own good" is infuriating.
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Qaulifieid investor rules are the most discriminatory thing in existence. The pompous notion of this being "for your own good" is infuriating.
To whom it may concern, I'm not sure why you would consider limiting my ability to invest in digital currency ETFs. They are far less risky investment than the digital currency itself. Funds like BITO offer an opportunity to buy a diversified set of currencies without having to participate in wallet services. Please do not limit my ability to buy funds like these.
Regulators are attempting to regulate my right to invest. I oppose restrictions to my right to invest in items like BITO, leveraged ETF's or Mutual Funds. This is NOT needed !
Thank you for the opportunity to comment on the above propose rule. Individuals should be able to choose the investments that are right for them and not be limited by criteria established by regulators. Information is required to be readily available from the financial companies offering the investment that describe the risks associated with each type of investment in the form of a prospectus or similar document. I have never felt uniformed when making investments. One of the more recent developments is the emergence of crypto currencies.
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.