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The only change that should be made if any is that one should be ablento take a test or quick quiz that proves knowledge of these products and then also sign an acknowledgement and the same should be done for the PDT rule. One is kidding themselves if they think changes here will protect anyone as that would imply that the regulatory body has the right to save people from themselves. They don
I am truly concern of the impact that any regulation would have on the individuals investing on these ETF. This could wipe out retirement savings or individual savings of many of your constituents.
We should have the ability to choose our investments without regulation.
We earned our money and it is for us to choose how to spend, save or invest it.
Please, do not stop access to invest in leveraged and inverse funds. It is my responsibility to take extra risk associated with them as well as ability to get rid of them if I find myself uncomfortable with them.
Thanks for understanding
Boris Svoyskiy
To further restrict access to complex products would be a mistake. Demanding that brokerages and fiduciaries provide education on how these products work makes sense, but restriction earlier in my investing career actually cost me money. I currently use ETFs, leveraged instruments, and options to limit my risk.
Before starting, I spent hours and hours on educational sites, watching videos, and
I value the freedom to access a broad range of investment products that help me buffer the swings of the market in my portfolio. I want to maintain my current freedom to invest in public securities which I choose. I do not need regulators to help me decide what to invest in. I am capable of understanding the risk and reward of my investments and do not need additional measures imposed on me.
I'm an avid investor of leveraged funds. I'm fairly young at 20 years old. Having the right to choose what to buy when we want(during the trading day) makes things fairer. I mean there are already restrictions on daytrades, now this?
Please let us trade openly, I beg of you. I plead with you
Investing in cryptocurrency funds, such as BITO, is important to my investment strategies to achieve my financial objectives, including by diversifying my investments as part of a balanced portfolio. It is easier to invest in ETF than in direct cryptocurrency.
I am 72 and retired Wall Street for over 35 yrs. No one but me should determine what is suitable for me.
Your rules lose people money. Your 3 day trades in 5 days in these volatile markets guarantees losses except for the most nimble.
Please go on a long vacation allow brokerage firms to know their customers!
Public should be able to make investment decision and not the regulator for cypto related investment to diversify the investment.
There should not be requirement to pass through special requirement to purchase crypto type securities public,
Hope public concern is taken into consideration for making decision.