We do not need more government regulation to invest. Our brokerage firm already qualifies us to invest in any overly risky investment.--all leveraged or inverse funds, for example. The definition of complex products seems very broad and will limit my freedom to choose what I want to invest in. I have 60 years of investing experience and have been able to do well without more regulations from the government. This law would simply limit my freedom of choice and deny me the ability to invest in investments that will help me reach my goals.
Betty Smith Comment On Regulatory Notice 22-08
We do not need more government regulation to invest. Our brokerage firm already qualifies us to invest in any overly risky investment.--all leveraged or inverse funds, for example. The definition of complex products seems very broad and will limit my freedom to choose what I want to invest in. I have 60 years of investing experience and have been able to do well without more regulations from the government. This law would simply limit my freedom of choice and deny me the ability to invest in investments that will help me reach my goals.