There should not be any new restrictions on the purchase of "complex" investments. In my experience the use of professional asset managers have cost my family money the two times we used them. I am perfectly capable of choosing the type of investments that work for my situation. For your information for every dollar I have lost on my inverse fund I made 9 on my other investments. Had the economy gone a different direction the results would have been the opposite. There should not be any new qualifications for people, in order to buy certain investments.
John Owen Comment On Regulatory Notice 22-08
There should not be any new restrictions on the purchase of "complex" investments. In my experience the use of professional asset managers have cost my family money the two times we used them. I am perfectly capable of choosing the type of investments that work for my situation. For your information for every dollar I have lost on my inverse fund I made 9 on my other investments. Had the economy gone a different direction the results would have been the opposite. There should not be any new qualifications for people, in order to buy certain investments.