I was unaware until recently that you [REDACTED] might be hatching another scheme to interfere with my ability to hedge risk and/or speculate in the financial markets. Even to the regulatory mind it should be obvious that investors either find these products useful or they avoid them, a principle that applies to all the ETFs and ETNs in the marketplace. Your franchise doesn't empower you to take steps that might actually be helpful to the stability of markets--such as restricting Fed money-supply manipulation, reversing Congressional mischief, limiting banking sector derivatives risk, or banning the world's occasional delivery of exogenous events--so please don't interfere with our ability as investors to try to deal with the markets as they are. [REDACTED] --could you be more useless?)
John Boland Comment On Regulatory Notice 22-08
I was unaware until recently that you [REDACTED] might be hatching another scheme to interfere with my ability to hedge risk and/or speculate in the financial markets. Even to the regulatory mind it should be obvious that investors either find these products useful or they avoid them, a principle that applies to all the ETFs and ETNs in the marketplace. Your franchise doesn't empower you to take steps that might actually be helpful to the stability of markets--such as restricting Fed money-supply manipulation, reversing Congressional mischief, limiting banking sector derivatives risk, or banning the world's occasional delivery of exogenous events--so please don't interfere with our ability as investors to try to deal with the markets as they are. [REDACTED] --could you be more useless?)