Cryptocurrency and crypto currency funds should not be limited to qualified investors. It is the duty of all investors to understand the what they are investing in and the risks involved. Closing off retail investors from an entire class of assets would be a disservice and over reach. As this sector of the economy grows and evolves it is on all of those investing to research and understand what they are choosing to invest their money in. Many believe this will grow to be an important asset class and portion of a well balanced portfolio. Investment should not be restricted only to high net worth investors or be subject to other unusual restrictions.
Seth Anderson Comment On Regulatory Notice 22-08
Cryptocurrency and crypto currency funds should not be limited to qualified investors. It is the duty of all investors to understand the what they are investing in and the risks involved. Closing off retail investors from an entire class of assets would be a disservice and over reach. As this sector of the economy grows and evolves it is on all of those investing to research and understand what they are choosing to invest their money in. Many believe this will grow to be an important asset class and portion of a well balanced portfolio. Investment should not be restricted only to high net worth investors or be subject to other unusual restrictions.