I don't think it's the government's business telling me what investments I can or cannot make or placing impediments in my path to make it more difficult or impossible. As long as the investment issues are above-board, public vehicles, and not fraudulent, scams, or money-laundering fronts, FINRA should butt out. If they are worried that we are endangering our financial well-being, don't. I can take care of myself as long as the prospectus is honest. Let's go after the casinos, off-track betting, and (the worst) all the state-sponsored lotteries if you want to protect people who shouldn't be gambling with their rent and grocery money.
Thomas Laurent Comment On Regulatory Notice 22-08
I don't think it's the government's business telling me what investments I can or cannot make or placing impediments in my path to make it more difficult or impossible. As long as the investment issues are above-board, public vehicles, and not fraudulent, scams, or money-laundering fronts, FINRA should butt out. If they are worried that we are endangering our financial well-being, don't. I can take care of myself as long as the prospectus is honest. Let's go after the casinos, off-track betting, and (the worst) all the state-sponsored lotteries if you want to protect people who shouldn't be gambling with their rent and grocery money.