I am an "accredited investor". I have been managing my own savings and retirement funds for the last 33 years. During that time, I have been free to select the investment vehicles that I feel best suit my investment goals and objectives.
I strongly oppose ANY attempt by any government- or quasi-government organization to regulate or restrict my investment choices. Regulators already overreach in just about every aspect of our lives.
Nor do I want to have to pass a test, or otherwise "prove" my qualifications to invest in any particular investment vehicle, whether that be inverse funds, leveraged funds, closed end funds, asset-backed securities, or any of the other myriad investment varieties available to the public today.
Please have FINRA continue to focus on investment fraud, money laundering, and the like. Leave the general public investor alone, and do not impose ANY restrictions on our ability to do our own due diligence, and invest in the securities and funds of our choice. Thank you.
Gray Smith Comment On Regulatory Notice 22-08
I am an "accredited investor". I have been managing my own savings and retirement funds for the last 33 years. During that time, I have been free to select the investment vehicles that I feel best suit my investment goals and objectives.
I strongly oppose ANY attempt by any government- or quasi-government organization to regulate or restrict my investment choices. Regulators already overreach in just about every aspect of our lives.
Nor do I want to have to pass a test, or otherwise "prove" my qualifications to invest in any particular investment vehicle, whether that be inverse funds, leveraged funds, closed end funds, asset-backed securities, or any of the other myriad investment varieties available to the public today.
Please have FINRA continue to focus on investment fraud, money laundering, and the like. Leave the general public investor alone, and do not impose ANY restrictions on our ability to do our own due diligence, and invest in the securities and funds of our choice. Thank you.