Please be advised that I own BITO and I also buy and sell the options on BITO. These investments are part of my overall trading and investing stratagy.
Each investor is capable to determine if they understand the risks. Placing restrictions on the purchase will cause significant losees because as less people are permitted to invest in these assets, the price will be more volitile and the bid/ask spead will increase to buy or sell the asset.
The SEC should not regulate these transactions.
Jeffrey Gutman Comment On Regulatory Notice 22-08
Please be advised that I own BITO and I also buy and sell the options on BITO. These investments are part of my overall trading and investing stratagy.
Each investor is capable to determine if they understand the risks. Placing restrictions on the purchase will cause significant losees because as less people are permitted to invest in these assets, the price will be more volitile and the bid/ask spead will increase to buy or sell the asset.
The SEC should not regulate these transactions.