As an adult who is competent enough to open a brokerage account and make trades, I should have the freedom to make any investment that meets the risk tolerance I deem acceptable. You, the regulators, don't understand my position or needs as an investor and as such are not qualified to direct me how to invest my money. Stop wasting my time and tax dollars by trying to restrict my investment strategies.
Joseph Wilhelm Comment On Regulatory Notice 22-08
As an adult who is competent enough to open a brokerage account and make trades, I should have the freedom to make any investment that meets the risk tolerance I deem acceptable. You, the regulators, don't understand my position or needs as an investor and as such are not qualified to direct me how to invest my money. Stop wasting my time and tax dollars by trying to restrict my investment strategies.