Jeffrey Broadhurst Comment On Regulatory Notice 22-08
Jeffrey Broadhurst
N/A
Do not limit my ability to purchase BITO or XBTF or ETCG or GBTC, etc please. I want to be able to buy any digital asset or crypto asset that are on the market. You don't need to limit my selection. Why I don't need your limitations is because: It Hurts Investors: It denies me the freedom to choose investments that could help me achieve long-term financial security. Is Arbitrary and Unworkable: FINRAs definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used public securities. Upends Our Regulatory System: Under the long-standing disclosure-based system, investors have the right to decide which public equities, bonds and funds they want to buy. The FINRA plan upends that principle, giving regulatorsnot methe power to decide what public securities you can and cannot invest in. Also, I would like a bitcoin SPOT ETF to be available on the market. Don't prevent that from happening. Thank you.
Jeffrey Broadhurst Comment On Regulatory Notice 22-08
Do not limit my ability to purchase BITO or XBTF or ETCG or GBTC, etc please. I want to be able to buy any digital asset or crypto asset that are on the market. You don't need to limit my selection. Why I don't need your limitations is because: It Hurts Investors: It denies me the freedom to choose investments that could help me achieve long-term financial security. Is Arbitrary and Unworkable: FINRAs definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used public securities. Upends Our Regulatory System: Under the long-standing disclosure-based system, investors have the right to decide which public equities, bonds and funds they want to buy. The FINRA plan upends that principle, giving regulatorsnot methe power to decide what public securities you can and cannot invest in. Also, I would like a bitcoin SPOT ETF to be available on the market. Don't prevent that from happening. Thank you.