Wait!!! Youll let hedge funds and other large investors take risks- that is basically bet against the market but you want to restrict that to investors who dont have the money clout but have the smarts. What a scam. Protect the wealthy tax ball out folks but dont protect the investors trying to fund retirement and college funding. Yes its risky, but without taking risk we are then stuck with potentially sub par results because of poor regulation? These products are for folks who understand risk, why make it worse than those who dont invest in greedy money mangers who take them to the cleaners!
Rob Miller Comment On Regulatory Notice 22-08
Wait!!! Youll let hedge funds and other large investors take risks- that is basically bet against the market but you want to restrict that to investors who dont have the money clout but have the smarts. What a scam. Protect the wealthy tax ball out folks but dont protect the investors trying to fund retirement and college funding. Yes its risky, but without taking risk we are then stuck with potentially sub par results because of poor regulation? These products are for folks who understand risk, why make it worse than those who dont invest in greedy money mangers who take them to the cleaners!