Christopher Stuyvesant Comment On Regulatory Notice 22-08
leave cryptocurrency alone you tax everything and control everything let us have this
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leave cryptocurrency alone you tax everything and control everything let us have this
To the regulators: I'm extremely tired of gov't regulators who constantly interfere with every day citizens' freedom in every aspect of our lives. You, regulators and corrupt politicians in DC are so hungry of power and control over our daily lives. You constantly want to cram down rules and regulations on the everyday American citizens, and yet Congress, their congressional staff, the judicial system, the White House, the politicians, the lobbyists are somehow always able to avoid the regulations that you are shoving down our throats.
I want to be able to invest what I want when I want
Im opposed to this infringement to disallow my Authority to invest @ my discretion.
I am not a regulator and I think I should be able to choose the public investments that are right for me and my family, BUT FINRA should not outlaw it altogether. Leverage products from Direxion have this [REDACTED] crazy rebase calculation that is rebased to one every night is insane. FINRA should make them improve the calculation not outlaw it. Leveraged and inverse funds are important to my trading strategies, it is the fastest way to beat the market.
To FINRA: I want to continue having the freedom to invest on my own as I have for over the years. I want to maintain my current freedom to invest in public securities of my choosing. As an American citizen, I should be able to choose the public investments that are right for me! I am grateful to have the freedom of access to the exchange traded funds that empower me and my family to pursue our financial objectives.
Restrictions on my right to invest should not be encumbered especially if I am capable of understanding their risks from my IA. Thank you.
Please do not impose Rule #22-08 on the investment community. As with any investment, users of leveraged ETFs should understand the risks associated with ownership.The committee could write a pamphlet that would accompany the prospectus.
i believe it is critical to allow the normal retail investor to acquire inverse funds and other related instruments to protect against market declines. I should be able to invest in instruments fitting to my individual needs. i have invested in the market for many years and fully capable of understanding inverse funds and their risks. T hey are most important to my investment strategy.
and have helped me ion the pst as they are performing as anticipated in the current environment,.
It is very important that I am able to choose investments that are right for myself and my family. Regulators should not be able to choose what is available to me and reserve select public investments for only the privileged or chosen. There should be NO special process like passing a test before anyone can invest in public securities like leveraged and inverse funds. I don't need these measures imposed on me.