I oppose this regulation because the etf/fund is already obligated by federal law to disclose risks and fees to the public. If a potential investor wants to invest in these securities, especially in a self directed brokerage account, they are acknowledging the disclosures laid out by the fund. Detailed disclosure is already listed in the fund/etf prospectus. Adding additional hurdles limits liquidity and free market investment
Ryan King Comment On Regulatory Notice 22-08
I oppose this regulation because the etf/fund is already obligated by federal law to disclose risks and fees to the public. If a potential investor wants to invest in these securities, especially in a self directed brokerage account, they are acknowledging the disclosures laid out by the fund. Detailed disclosure is already listed in the fund/etf prospectus. Adding additional hurdles limits liquidity and free market investment