Christopher Brooks Comment On Regulatory Notice 22-08
Christopher Brooks
N/A
I wish to state my strongest objection to what I perceive to be an overt attempt by power-hungry control freaks in the federal government relating to limiting access to investment opportunities in, among other vehicles, inverse and leveraged funds. This is nothing more than a solution in search of a problem, in my view, and is a dangerous step toward government control of the marketplace.
The government's job is to stay out of the way and out of the open market so investors can balance -- as only they know -- their individual sensitivities with respect to risk and reward. I want the opportunity to decide for myself, not from some nanny-state bureaucrat, what tools I want to use to maximize my investment returns or to protect what I've spent a lifetime of thrift and careful personal financial management in building.
I oppose with my strongest feelings the restrictions that are proposed to limit access to financial investment strategies that may include public investments such as mentioned above.
Christopher Brooks Comment On Regulatory Notice 22-08
I wish to state my strongest objection to what I perceive to be an overt attempt by power-hungry control freaks in the federal government relating to limiting access to investment opportunities in, among other vehicles, inverse and leveraged funds. This is nothing more than a solution in search of a problem, in my view, and is a dangerous step toward government control of the marketplace.
The government's job is to stay out of the way and out of the open market so investors can balance -- as only they know -- their individual sensitivities with respect to risk and reward. I want the opportunity to decide for myself, not from some nanny-state bureaucrat, what tools I want to use to maximize my investment returns or to protect what I've spent a lifetime of thrift and careful personal financial management in building.
I oppose with my strongest feelings the restrictions that are proposed to limit access to financial investment strategies that may include public investments such as mentioned above.