What should be enforced is proper disclosure. All investors should have access to investment vehicles that are in the markets. Too often regulatory bodies assume the public is too stupid to make rational decisions. It seems whenever regulatory bodies make rules to "protect the little guy" its really about taking away opportunity and freedom.
Jeff Bierbower Comment On Regulatory Notice 22-08
What should be enforced is proper disclosure. All investors should have access to investment vehicles that are in the markets. Too often regulatory bodies assume the public is too stupid to make rational decisions. It seems whenever regulatory bodies make rules to "protect the little guy" its really about taking away opportunity and freedom.