Christopher Thompson Comment On Regulatory Notice 22-08
Christopher Thompson
N/A
This is a wildly inappropriate overreach by regulators.
I'm already unable to participate in IPOs that I would otherwise be very comfortable investing in because I'm not an "accredited investor." What happened to these "accredited investors" when they lost everyone's money in 2008? Did they go to jail? Did they lose their right to trade? No.
Trying to remove one of the few avenues left for a retail trader to make good gains is just plain wrong.
Christopher Thompson Comment On Regulatory Notice 22-08
This is a wildly inappropriate overreach by regulators.
I'm already unable to participate in IPOs that I would otherwise be very comfortable investing in because I'm not an "accredited investor." What happened to these "accredited investors" when they lost everyone's money in 2008? Did they go to jail? Did they lose their right to trade? No.
Trying to remove one of the few avenues left for a retail trader to make good gains is just plain wrong.