As an individual investor who has invested in complex instruments for years, I am opposed to these regulatory controls. They are over-reach by the government on the assumption that people are stupid and should be ruled rather than have the freedoms. The barrier to these instruments will not only create obstacle for investment, it will dramatically increase the cost to access these instruments as middle people are added. Are we turning into a Third World nation where only the privileged have access to financial instruments and the rest are oppressed and exploited by restrictive rules like these cause they are assumed stupid? Jeff Chung
Jeff Chung Comment On Regulatory Notice 22-08
As an individual investor who has invested in complex instruments for years, I am opposed to these regulatory controls. They are over-reach by the government on the assumption that people are stupid and should be ruled rather than have the freedoms. The barrier to these instruments will not only create obstacle for investment, it will dramatically increase the cost to access these instruments as middle people are added. Are we turning into a Third World nation where only the privileged have access to financial instruments and the rest are oppressed and exploited by restrictive rules like these cause they are assumed stupid? Jeff Chung