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Comment for Proposed Rule 91 FR 12516

  • From: Frances J Lee-Vandell
    Organization(s):
    Citizen, investor
    venture capitalist investor
    University of Virginia alumni Association
    George Mason University Alumna
    Chatham Hall alumna
    Episcopalian

    Comment No: 114617
    Date: 4/4/2026

    Comment Text:

    Our democracy and economy is based on the US banking and stock
    market and various pension plans and taxes and Social Security and Medicare/Medicaid systems. It is based on the currency of the dollar.
    Cryptocurrency and its many memes are not geared to stabilize investment, but are a market of their own that can collapse like a Ponzi scheme where ordinary investors are sold out. It benefits billionaires who then buy up the remnants.
    Moreover, the US is up one day in the markets, then down, then up in a very volatile market with a costly war inflating costs at home and abroad. It is no time to bring up this risky business. Only some billionaires will benefit.

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