David Jones Comment On Regulatory Notice 22-08
You not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
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You not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
Comments:I am an investment professional and I am an individual investor. I encourage full disclosure of the function, structure and behavior of leveraged and inverse products. However, I am strongly against the limiting of access and onerous processes that an investor would experience while investing their funds. I am an educated and fully understand the risks of these investments. I have been very successful in growing my wealth and limiting the risks by using these vehicles. Please press for full disclosure. Do not limit access to these investment vehicles.
I strongly oppose my right to invest. I oppose having to pass a regulator-imposed test of your specialized investment knowledge. I oppose having to demonstrate a high net worth in order to invest. I oppose getting special approval from a broker.
I am a small investors who does all research about investments I want to make. Crypto type investments are of interest to me and I want to decide whether to make these types of investments. I do NOT believe there is a need for restrictions - I can do my own research.
It is invaluable that you continue to allow access to asset trading of crypto currency futures etfs and frankly any asset available to professional traders. By restricting trading of these assets to high net worth individuals you continue to promote a society where the wealthy have more opportunities for wealth growth than the average person. You may deem that it's better for average investors to stick to balanced portfolios of traditional assets, but disallowing investment in crypto currency would be equivalent to preventing investment in tech companies 30 years ago.
Get Government [REDACTED] out of our lives. You have no need to regulate investments as I have tried a case under finra and it is worthless and does not protect the small investor only its members.
Im asking the SEC as I do have a right of freedom to invest in crypto currency as much as I want and they do not have the right to put any kind of regulation into it. I vote against that SEC rule #S7-24-15 I oppose restrictions to my right to invest
I am a shareholder in BITO. It has reached out to all shareholders to submit public comments and provided advice on what to say. In my view this is inappropriate and Im disappointed that a fund I invested in is wasting shareholder money this way. I encourage FINRA to regulate cryptocurrency in any manner its professionals deem fit. I trust FINRA to look out for my interests as a small shareholder much more then j trust fund management.
I'm writing because I'm invested in funds such as BITO. It has come to my attention that FINRA wants to regulate these in such a way that investors are required to become accredited, pass tests, get special approval, cooling off periods, etc. I disagree with this and believe anyone should be allowed to invest in public securities with their own money, without government scrutiny. Laws like these only hurt small investors and widen the gap between mega rich and middleclass citizens.
We must retain the ability to invest in a wide variety of investment products including those based on the crypto industry.