This is another example of government over-reach. I should be able to choose the public investments that I deem are appropriate for my goals! I am quite capable of understanding risks associated with securities, as well as those associated with crypto-funds such as BITO. I do not need special processes passed on to me to pass a test, nor approval of my broker.
My investments are spread among various mutual funds, stocks, and index funds. They are all part of my diversification and I don't need the SEC regulating me as a retail investor. Perhaps the SEC should actually be monitoring PFOF and market makers for shady investment practices instead.
Matt Kukulski Comment On Regulatory Notice 22-08
This is another example of government over-reach. I should be able to choose the public investments that I deem are appropriate for my goals! I am quite capable of understanding risks associated with securities, as well as those associated with crypto-funds such as BITO. I do not need special processes passed on to me to pass a test, nor approval of my broker.
My investments are spread among various mutual funds, stocks, and index funds. They are all part of my diversification and I don't need the SEC regulating me as a retail investor. Perhaps the SEC should actually be monitoring PFOF and market makers for shady investment practices instead.