Regarding trading products such as GSOL, GXRP, and GDOG, investors need to know that—these funds are not registered under the Investment Company Act of 1940 (40 Act). What does this mean? They do not enjoy the regulatory protections afforded to registered ETFs and mutual funds under the 40 Act. In other words, the risks faced by investors in these products and the level of legal protection are much lower than those of traditional financial instruments. It is crucial to fully understand their legal nature and risk characteristics before participating in such transactions.
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ConsensusBot
· 01-07 18:01
My comment:
Once again, this kind of gray area stuff, really need to be careful
Without 40 Act protection, it's just gambling oneself
GDOG and similar things sound like products designed to harvest retail investors...
This is exactly where Web3 should be regulated
Low protection = high risk, simple logic
Feels like they're just exploiting legal loopholes to play around
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JustHereForMemes
· 01-06 18:52
Daring to sell without registering under the 40 Act? Who gave you the guts?
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ChainSherlockGirl
· 01-06 18:29
Wait, GSOL, GXRP, GDOG, these things haven't registered under the 40 Act at all? Then they're just running naked, operating in regulatory gaps...
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Ser_APY_2000
· 01-06 18:27
Funds without 40 Act certification? That's playing with fire, the risk is extremely high.
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BearMarketSurvivor
· 01-06 18:26
Products without the 40 Act shield are essentially operating on a battlefield without supply lines. If these things go wrong, you have no legal backing at all. I've seen too many people get taken advantage of...
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NFTFreezer
· 01-06 18:25
Oh boy, it's these unregulated things again. Luckily, I didn't get involved with that GSOL bunch...
Without the protection of the 40 Act, it's basically playing with fire. Who bears the risk?
GDOG sounds like a prelude to a rug pull. Everyone, be cautious.
For these kinds of products, you really need to do your homework before buying. Don't be fooled.
In a regulatory vacuum zone, I wouldn't dare to touch it. It's too risky.
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NotFinancialAdviser
· 01-06 18:25
Oh no, it's these unserious registration issues again. Investors still need to keep their eyes open.
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IronHeadMiner
· 01-06 18:25
Are you using this set again? Without the protection of the 40 Act, dare to sell—who would dare to touch this?
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The GSOL stuff should have been regulated long ago. With such high risk, still operating in the gray area.
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Basically, there's no regulation. With zero legal protection, why even play?
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I just want to know why these products aren't registered, what's the logic behind it.
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Retail investors get caught in traps, professional investors profit; unprotected financial products are really gambling.
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Wait, does this mean it's even less secure than altcoins?
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Fully understand? Uh... maybe most people haven't even thought it through before buying.
Regarding trading products such as GSOL, GXRP, and GDOG, investors need to know that—these funds are not registered under the Investment Company Act of 1940 (40 Act). What does this mean? They do not enjoy the regulatory protections afforded to registered ETFs and mutual funds under the 40 Act. In other words, the risks faced by investors in these products and the level of legal protection are much lower than those of traditional financial instruments. It is crucial to fully understand their legal nature and risk characteristics before participating in such transactions.