While I believe your intentions are to protect people from making unwise - or not understood - investments where they lose more than that can afford, I don't agree with it. I believe people should be able to choose the public investments they believe are right for them and their families. Public investments should be available to the public. Requiring special processes not only block access to these investment types, but also cost money enforcing them that could be spent on better things.
Brian Cupples Comment On Regulatory Notice 22-08
To whom it may concern:
While I believe your intentions are to protect people from making unwise - or not understood - investments where they lose more than that can afford, I don't agree with it. I believe people should be able to choose the public investments they believe are right for them and their families. Public investments should be available to the public. Requiring special processes not only block access to these investment types, but also cost money enforcing them that could be spent on better things.