There would be no concern with requiring additional disclosures to ensure investors understand the risks of these "complex" products. Limiting these investments to accredited investors however would be wrong on many levels. The fact an individual has a higher net worth than most does not automatically grant them additional understanding of financial products. This would result in blocking the average person from using all the financial tools available to build their net worth and create an even greater unfair playing field between the wealthy and average net worth investors. One should have the right to invest their hard earned money how they see fit.
Alex A. Comment On Regulatory Notice 22-08
There would be no concern with requiring additional disclosures to ensure investors understand the risks of these "complex" products. Limiting these investments to accredited investors however would be wrong on many levels. The fact an individual has a higher net worth than most does not automatically grant them additional understanding of financial products. This would result in blocking the average person from using all the financial tools available to build their net worth and create an even greater unfair playing field between the wealthy and average net worth investors. One should have the right to invest their hard earned money how they see fit.