Public investments and securities should be available to all investors. Individuals should not have to go through special processes to be able to make purchases. Full participation is one of the joys, challenges, and risks of being active in the stock market. Not allowing individuals to fully participate reduces their access and potential growth. The big investment firms already have enough influence over the market, they don't need to shut down the smaller investors too.
Lorie Pye Comment On Regulatory Notice 22-08
Public investments and securities should be available to all investors. Individuals should not have to go through special processes to be able to make purchases. Full participation is one of the joys, challenges, and risks of being active in the stock market. Not allowing individuals to fully participate reduces their access and potential growth. The big investment firms already have enough influence over the market, they don't need to shut down the smaller investors too.