Richard Meade Comment On Regulatory Notice 22-08
Stop trying to regulate financial market and securities and more than they are now.
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Stop trying to regulate financial market and securities and more than they are now.
I strongly opposed restrictions on my right to invest in cryptocurrency funds. I understand the concern you may have in protecting people from themselves however you are impeding a fundamental right for individuals which is the right to financial self-determination. To impose restrictions is paternalistic and does not respect the ethical right for individuals to make choices about where and how they invest. Furthermore, by only offering these investments to high net worth individuals you amplify the inequities already experienced by low socioeconomic individuals.
So I can buy ridiculous options, yet I cant inverse through a diversified fund? This is ridiculous, and only gives institutions more leverage. Timing is interesting as well considering weve been in such a long bull run, now that the markets are volatile we get this notice!?
Please let everyone invest not just a few!
Oppose restrictions on my right to invest in public investments.
Please do not mess with our future, the current situation with standard IRAs especially when it comes to employer established is rediculiously governed and regulated enough.
I find it to be complete CRAP that you want to limit the poor from investing in bitcoin proshares. I am not an accredited investor and should not need to be to invest in anything I wish. I don't even think most of the population realizes what's going on with this "accredited investor" business..
If you forbid these funds now you will lock in loses for investors who bought these funds in good faith. I am surprised that Drexion and Profunds aren't paying you to do it. They will be the only beneficiaries. Regulate corporate buybacks and give out fines for insider trading that are more then the money made if you want people to think you are doing anything
I currently own a lot of crypto and I wouldn't be allowed to under these new rules. Please vote against it.
Members of Congress, I urge you not to ban the investment of cryptocurrencies ETFs. This is the only safe way for me to invest in cryptocurrencies as the only other option is to make a separate crypto account. So please, as an American, please don't ban Cryptocurrencies ETF. Instead, I urge you to focus on closing loopholes and deductions the rich use to evade taxes.