Sheryl Davis Comment On Regulatory Notice 22-08
Please don't restrict investors from investing in cryptocurrency.
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Please don't restrict investors from investing in cryptocurrency.
I understand the risk, but still wish to be able to invest in my BITO crypto fund.
Once again government bureaucrats believe they are smarter than me. I am an experienced investor, with net worth exceeding $1M. I oppose government restrictions on so-called complex transactions. It is my money, not the governments. Leave my money alone.
As a retail investor and active participant in the free market, it is my personal choice as to whether I can invest in a speculative asset or not. Government does well to regulate markets, but should not prevent any individual from deciding how to participate. The SEC does not regulate gambling which is essentially the same thing. Dont make crypto investing unattainable for non accredited investors.
If people can go to a local casino and gamble away their entire life savings with zero regulation, they should be able to make investment decisions without strict regulation that limits them more than it protects them. These regulations also do more to separate the wealthy from those who arent yet wealthy by taking away some of the pathways to even getting there. This is not protecting anyone and only hurting millions of people who have done nothing wrong.
Limiting public investment avenues is both discriminatory and oppressive. American citizens and their families should have direct access to investment protocols by their own decision without discriminatory blocks to access. We do know the value and risk involved with investments such as BITO and other exchange traded commodities, cryptocurrencies and funds and the value that they have in a diverse portfolio of investments. Stop this nonsense regulation and oppressive practice of overregulation.
Against the kinds of regulations that restrict on my rights to invest.
I believe investors should have the option to invest their money how they want. It should and is the investors responsibility to explore all options that are best for them.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
I should be able to choose the public investments that are right for me and my family Not Regulators. Public investments should be available to all of the public, not just the privileged.