Jason Sonnichsen Comment On Regulatory Notice 22-08
Jason Sonnichsen
N/A
With the availability of information over the internet it is no longer reasonable to think that investors are not educated in all aspects of funds trading. Last year a group of talented amateurs was able to commit a short squeeze against major bank holdings that were too sure of their own intelligence. This clearly follows that basis to protect vested corrupt interest to the detriment of the individual investor through government overreach. This proposal is clearly too wide as it would encompass as "complex" a large percentage of the industry. This is a bad idea and should be rethought.
Jason Sonnichsen Comment On Regulatory Notice 22-08
With the availability of information over the internet it is no longer reasonable to think that investors are not educated in all aspects of funds trading. Last year a group of talented amateurs was able to commit a short squeeze against major bank holdings that were too sure of their own intelligence. This clearly follows that basis to protect vested corrupt interest to the detriment of the individual investor through government overreach. This proposal is clearly too wide as it would encompass as "complex" a large percentage of the industry. This is a bad idea and should be rethought.