Skip to main content

Steven Murphy Comment On Regulatory Notice 22-08

Steven Murphy
N/A

Ive been recently informed of you trying to impose regulations & restrictions disqualifying normal people/investors from investing into crypto funds. I wanted to express my concern to everyone involved in hurting my portfolio & stopping me from investing into crypto funds such as BITO. I myself should be able to choose my own investments which are right for me, I take financial responsibility. Funds like these are important and should be available to everyone & not just the privileged few. Imposing tests, proof of accreditation, cooling off periods and brokerage approvals is just another attempt to hurt the financial wellbeing of the public. You should be fighting for the public & not attacking the average person/investor from trying to secure their future. As long as everyone is paying their fair share of taxes on their gains, you shouldnt be imposing actions on them like passing exams & other obstacles to buy into these funds. Ive been working hard to educate myself & I understand the risks. I use these funds to help diversify & balance my portfolio, these funds are key pieces to helping me to achieve financial security. Stop helping the elite widen their gap from the middle class.