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Steven Goff Comment On Regulatory Notice 22-08

Steven Goff
N/A

Who decides what is "complex"? Isn't that a subjective process? What if a regulatory regime likes annuities because they take the investment options and risk away from the citizen, and declares every other investment vehicle "complex"? Regulators should regulate the processes under which investments are offered and sold to the public, not the investment options available to the public. Making citizens pass an investment test is an over-reach into the freedoms and liberties of the free and open market.