David Schambach Comment On Regulatory Notice 22-08
David Schambach
N/A
Individuals, not regulators should be able to choose the public investments that are right for them. Public investments should be available to all of the public, not just the privileged. Investors should not be discriminated against based on net worth requirements. Regulations restricting investments makes the United States less competitive worldwide for entrepreneurs and investors. The US government should focus on restrictions on casino gambling, lotteries, and high interest loan services that actually target low net worth individuals. Instead of focusing on regulating experienced investors, the US government would improve society by mandating financial and investment education classes in public high schools instead of focusing on regulations of investors.
David Schambach Comment On Regulatory Notice 22-08
Individuals, not regulators should be able to choose the public investments that are right for them. Public investments should be available to all of the public, not just the privileged. Investors should not be discriminated against based on net worth requirements. Regulations restricting investments makes the United States less competitive worldwide for entrepreneurs and investors. The US government should focus on restrictions on casino gambling, lotteries, and high interest loan services that actually target low net worth individuals. Instead of focusing on regulating experienced investors, the US government would improve society by mandating financial and investment education classes in public high schools instead of focusing on regulations of investors.