Hello,
I believe it is unfair to regulate what I invest in. I strongly believe that investors have the right to decide which public equities, bonds and funds they want to buy. To limit based on how much wealth an investor currently holds creates a disadvantage to those interested in creating wealth especially those who come from disadvantaged communities and populations. It is unfair to create new regulations that limit ones ability to invest by creating additional barriers that disproportionately affect certain groups of individuals who do not currently hold a arbitrary amount of wealth. This proposed regulation limits wealth building for those who need it most under the guise of protection. This regulation is also too vague when describing complex investments and assumes certain people dont understand the financial nature of their investments based on their current class.
Jesse Ibarra Comment On Regulatory Notice 22-08
Hello,
I believe it is unfair to regulate what I invest in. I strongly believe that investors have the right to decide which public equities, bonds and funds they want to buy. To limit based on how much wealth an investor currently holds creates a disadvantage to those interested in creating wealth especially those who come from disadvantaged communities and populations. It is unfair to create new regulations that limit ones ability to invest by creating additional barriers that disproportionately affect certain groups of individuals who do not currently hold a arbitrary amount of wealth. This proposed regulation limits wealth building for those who need it most under the guise of protection. This regulation is also too vague when describing complex investments and assumes certain people dont understand the financial nature of their investments based on their current class.