I strongly oppose restrictions on the ability to invest in complex funds. I understand that complex funds carry unique risks, but I and other adults are fully capable of performing our own research and analysis. We are capable of coming to our own decisions regarding whether or not to put money into a riskier investment. The ability to choose should belong to individual investors, not regulators.
I would not be opposed to a requirement that brokers show disclaimers regarding complex investments, as I think people should have every chance to be informed on their investments. But I would oppose anything that goes beyond that, including but not limited to: net worth requirements, special authorization requirements by my broker to be able to invest in complex investments, requiring a passing score on an examination regarding complex investments, being unable to invest for periods of time.
Jordan Lewis Comment On Regulatory Notice 22-08
I strongly oppose restrictions on the ability to invest in complex funds. I understand that complex funds carry unique risks, but I and other adults are fully capable of performing our own research and analysis. We are capable of coming to our own decisions regarding whether or not to put money into a riskier investment. The ability to choose should belong to individual investors, not regulators.
I would not be opposed to a requirement that brokers show disclaimers regarding complex investments, as I think people should have every chance to be informed on their investments. But I would oppose anything that goes beyond that, including but not limited to: net worth requirements, special authorization requirements by my broker to be able to invest in complex investments, requiring a passing score on an examination regarding complex investments, being unable to invest for periods of time.