Lawrence Gilbert Comment On Regulatory Notice 22-08
The public should have a right to invest in any securities they so choose. The risk and reward is the responsibility of the investor, not the government.
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The public should have a right to invest in any securities they so choose. The risk and reward is the responsibility of the investor, not the government.
Crypto currency is a threat to the Federal government because they cannot control it. And to have to get permission from your broker is ridiulous. Most are dumber than 'door nails.' Leave it alone. It is the only way 'blue collar workers' can compete. Government does not have those same restrictions on sports betting and OTB.
I feel I should have every right to invest my money however I see fit. If I want to put my money into leveraged ETFs then I should be able too. I have worked hard for my money and should be able to have my money work hard for me. I understand there is volatility and my investment is not always safe. It should not be restricted to a select few. Let me invest how I want to invest.
People deserve to invest their money as they see fit, regardless of their level of wealth or knowledge.
It is ridiculous that You think you can make better decisions than I can. You should not let an access based on income because income does not necessarily mean lack of knowledge. But he will make their own decisions about what they put the money in.
I don't see the use in regulating crypto currencies it's been going good don't mess this up for the millions of people enjoying the benefits of investing in crypto.
To whom it may concern,
I decide what I invest in I will do my own research Thanks
The government has absolutely no right or authority to restrict any individual from investing in any legal investment bar none.
Regulators, please stop imposing more restrictions in an attempt to stop a very small minority of irresponsible investors that ruin it for the rest of us. Do place restrictions on leveraged and/or inverse funds. I trade with these investments vehicles on a somewhat regular basis and they are an essential component of my portfolio. Why punish me for the incompetence and laziness of investors that made ill-informed decisions? These instruments/funds are safe and should not be regulated or worse, restricted to only elite firms.