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Eric Werth Comment On Regulatory Notice 22-08

Eric Werth
N/A

Free markets are the hallmark of a free society. However, freedom is not a privilege of the few or those with a series 62. It is the right of all to invest in those instruments that meet their financial needs including the ability to hedge. Leverage and hedging provide me a way of allocating capital, managing tax burdens, and stabilizing returns. As a data scientist with an MBA in finance, I am well versed in the financial markets and do not need oversight. Moreover, if you wish to make the case that volatility or complexity somehow precludes market participation, then that disqualifies one from the high beta tech sector, foreign investing, and cryptocurrency. In short, you shut down the entire market. This is unacceptable and demonstrates the flaw of such regulations.