To FINRA,
There's an old saying " buyer beware". It's my responsibility to do my " due diligence" It is un-american to tell people what they can and can't invest in. It's not your job to prevent me from making a bad decision. That role might belong to my wife, but not to you or anyone else.
It IS the job of regulatory agencies to investigate fraud and see that bad actors are removed and punished. There is no problem with you enforcing GAAP and helping to insure proper disclosure pursuant to an investment.
James Rollins Comment On Regulatory Notice 22-08
To FINRA,
There's an old saying " buyer beware". It's my responsibility to do my " due diligence" It is un-american to tell people what they can and can't invest in. It's not your job to prevent me from making a bad decision. That role might belong to my wife, but not to you or anyone else.
It IS the job of regulatory agencies to investigate fraud and see that bad actors are removed and punished. There is no problem with you enforcing GAAP and helping to insure proper disclosure pursuant to an investment.
Sincerely.
James Rollins
La Grange, TX