It is outrageous that regulators want to treat the average investor like a second class citizen. Why do we need to take tests in order to buy an ETF?? This is America and we should be able to invest as we see fit. We should have the same access to the same products as anyone else.
Why should you need a degree in finance in order to buy an ETF? Similar to owning a gold ETF instead of owning gold bars, the products in question give consumer investors access to crypto without having to own crypto in a wallet.
Every stock in the market is a risk, with some companies being extremely risky and others more stable. There is NO difference.
I have a right to invest in what I want to invest in!!
Eric Pai Comment On Regulatory Notice 22-08
It is outrageous that regulators want to treat the average investor like a second class citizen. Why do we need to take tests in order to buy an ETF?? This is America and we should be able to invest as we see fit. We should have the same access to the same products as anyone else.
Why should you need a degree in finance in order to buy an ETF? Similar to owning a gold ETF instead of owning gold bars, the products in question give consumer investors access to crypto without having to own crypto in a wallet.
Every stock in the market is a risk, with some companies being extremely risky and others more stable. There is NO difference.
I have a right to invest in what I want to invest in!!