I believe it is completely unreasonable to restrict my ability to invest in instruments that I deem appropriate for myself. Im an adult and this is the United States of America - I dont need to be coddled and protected as to what I want to invest in. Furthermore, these instruments are completely legal, the proposal is just to keep them for people who already have a lot of money, thereby widening the wealth gap because those of higher means will continue to have access.
Bad legislationcancel the effort.
Doug Oerlich Comment On Regulatory Notice 22-08
I believe it is completely unreasonable to restrict my ability to invest in instruments that I deem appropriate for myself. Im an adult and this is the United States of America - I dont need to be coddled and protected as to what I want to invest in. Furthermore, these instruments are completely legal, the proposal is just to keep them for people who already have a lot of money, thereby widening the wealth gap because those of higher means will continue to have access.
Bad legislationcancel the effort.