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Jacob Gall Comment On Regulatory Notice 22-08

Jacob Gall
N/A

I believe that investors should have the ability to invest in the securities of their choosing. While some are more complex and volatile than others, investors are consenting adults who are aware they must live with their consequences.

I believe that signing a document that acknowledges such extra risk is acceptable, as it makes investors aware of such volatility.

However applying safeguards such as net worth, requirement of specialized investment knowledge, or periods where investment isn't possible will prevent scores of people from building wealth effectively.

I am very young, and given that I have a certain safety net to cover expenses and future purchases, should be at liberty to invest in such securities, due to my incredibly long investment time horizon. Due to this time horizon, my risk tolerance should be high, and if I can stomach such volatility and risk, I alone should have the ability to consent to such investments.