Marshal Aliesch Comment On Regulatory Notice 22-08
Marshal Aliesch
N/A
I strongly oppose the upcoming regulations on certain types of funds that would exclude the public from access to these investments in their portfolios. Every citizen should be allowed to decide what they choose to invest in, and not be subject to limits based on overall net worth or formal investment education and approval by individual brokers. Now more than ever, investing has become increasingly popular and removing large swaths of investment vehicles from public availability would greatly impact generations of investors without access to these funds as well as derivative funds that make use of one of the many types of investments in this notice. SEC filings and shareholder letters are easier to access and digest now more than ever, and the average investor should be allowed to use the information available to them to choose the type of investment that's best fit for their interests and financial wellbeing. Reducing access to these investments would also have wide-sweeping effects within the industry itself, and could cause immediate instability in certain markets unecessarily. All of these effects would hurt the public, rather than protecting it as intended. It's critical that FINRA not further restrict investments that have been used successfully for decades by many so that only a small fraction of the investment market has access to them.
Marshal Aliesch Comment On Regulatory Notice 22-08
I strongly oppose the upcoming regulations on certain types of funds that would exclude the public from access to these investments in their portfolios. Every citizen should be allowed to decide what they choose to invest in, and not be subject to limits based on overall net worth or formal investment education and approval by individual brokers. Now more than ever, investing has become increasingly popular and removing large swaths of investment vehicles from public availability would greatly impact generations of investors without access to these funds as well as derivative funds that make use of one of the many types of investments in this notice. SEC filings and shareholder letters are easier to access and digest now more than ever, and the average investor should be allowed to use the information available to them to choose the type of investment that's best fit for their interests and financial wellbeing. Reducing access to these investments would also have wide-sweeping effects within the industry itself, and could cause immediate instability in certain markets unecessarily. All of these effects would hurt the public, rather than protecting it as intended. It's critical that FINRA not further restrict investments that have been used successfully for decades by many so that only a small fraction of the investment market has access to them.