I very much oppose these proposed restrictions. Any and every stock issue carries risks inherent to the individual stock, and these are no different. It is up to the investor to educate and investigate the risk and determine whether it fits within their own risk profile. This is not for the regulatory industry to define, unless the information and prospectus is giving false and/or misleading information.
Dean Kleven Comment On Regulatory Notice 22-08
I very much oppose these proposed restrictions. Any and every stock issue carries risks inherent to the individual stock, and these are no different. It is up to the investor to educate and investigate the risk and determine whether it fits within their own risk profile. This is not for the regulatory industry to define, unless the information and prospectus is giving false and/or misleading information.