I am able to make my own investment decisions. I do not require the federal government and certainly not unelected folk to try to "protect" me from funds that I use to offset the risks of other investments. The effect of the proposed regulations is such that it will make it much more difficult for me to protect myself and it will make such funds only available to the privileged. This is a horrible idea. You are proposing to regulate me from insuring myself. It's a very bad idea and unAmerican. Please stop this effort.
Harry Phillips Comment On Regulatory Notice 22-08
I am able to make my own investment decisions. I do not require the federal government and certainly not unelected folk to try to "protect" me from funds that I use to offset the risks of other investments. The effect of the proposed regulations is such that it will make it much more difficult for me to protect myself and it will make such funds only available to the privileged. This is a horrible idea. You are proposing to regulate me from insuring myself. It's a very bad idea and unAmerican. Please stop this effort.