Investors should be allowed to invest in products without any encumbrances from regulators. This is an action to benefit the financial institutions that pay Finra.
Investors are already warned enough on leveraged ETFs that there is no reason for additional regulations and warnings for individual retail investors. Investors should be able to risk their hard earned money in ways they see fit for themselves. Individuals should have a right to use financial products they see fit to use in order to achieve their short term financial goals. Adding additional
Leave our investment alone
This isn't your money. Back off.
Sophisticated investor rules are outdated in the age of the internet. I have multiple degrees related to investment and financial analysis. Under the Sophisticated investor rules I cant invest in certain opportunities, and now you want to expand that? Excluding the average American from any investment opportunity does nothing but ensure that those who are already wealthy will continue to gain
We - not regulators - should be able to choose the public investments that are right for us and our families. Public investments should be available to all of the public, not just the privileged.
I/We shouldn't have to go through any special process like
passing a test before we can invest in public securities, including cryptocurrency funds such as BITO.
We are capable of understanding
The public does not need restraint or hurtles to overcome from regulation of processes in choice of investment or involvement in digital investments made by personal choice. I have not read this proposed rule however I shall now because it is evident that unless the government has total control of all assets the money mongers aren't happy. We need real transparency with sound guidelines
experienced investors can take calculated risk
Now that we stand a chance to make our money back, you want to take this avenue away. Same old wall street, just a different day. You have propped this market up with QE and ficticious low interest to let companies buy back shares and increase earnings. Leave it alone. We've come this far without you! No thanks!
Received the letter, thank you for this reminder. I have been studying and managing finances for a long time, considering that this is a common investment for me and my family. At the same time, I also believe that having this kind of investment is a public investment that every investor should have. Public investment should be enjoyed by everyone, not a privileged class. When I made these
