As an American I earn my money and am educated enough to make my own investments. Why should someone who is rich already be allowed to make investments while I can't? You claim it's because they're financially savvy, but I disagree. How many millionaires have gone through bankruptcy and how many are very uneducated? The answer is a lot. If I want to risk my hard earned money on an investment I should be allowed to.
Jim Headrick Comment On Regulatory Notice 22-08
As an American I earn my money and am educated enough to make my own investments. Why should someone who is rich already be allowed to make investments while I can't? You claim it's because they're financially savvy, but I disagree. How many millionaires have gone through bankruptcy and how many are very uneducated? The answer is a lot. If I want to risk my hard earned money on an investment I should be allowed to.