The proposed additional restrictions are profoundly immoral and wrong. Every individual should be free to choose how to invest their wealth however they see fit. Status quo restrictions on leveraged investment vehicles are already unnecessary and overbearing. The very existence of the status "accredited investor" is a grotesque outrage, and should be condemned by anyone who actually believes in any semblance of freedom. Wealth is freedom, and in attempting to restrict the ability of people to accumulate wealth as they see fit, you show your hands as cronyist, kleptocratic oligarch wannabes. If this characterization offends you, you should pause and reflect on why someone might regard you as such.
Thomas Rogers Comment On Regulatory Notice 22-08
The proposed additional restrictions are profoundly immoral and wrong. Every individual should be free to choose how to invest their wealth however they see fit. Status quo restrictions on leveraged investment vehicles are already unnecessary and overbearing. The very existence of the status "accredited investor" is a grotesque outrage, and should be condemned by anyone who actually believes in any semblance of freedom. Wealth is freedom, and in attempting to restrict the ability of people to accumulate wealth as they see fit, you show your hands as cronyist, kleptocratic oligarch wannabes. If this characterization offends you, you should pause and reflect on why someone might regard you as such.