You do not have authority to restrict US citizens from buying and selling funds of any kind that are available on the market. If you restrict individuals purchasing funds in any way, this contradicts capitalism. Experience, training and net worth are irrelevant in regards to my ability to purchase and sell funds as I please. I am a United States citizen and I can use my purchasing power as I please.
Tim Kornegay Comment On Regulatory Notice 22-08
You do not have authority to restrict US citizens from buying and selling funds of any kind that are available on the market. If you restrict individuals purchasing funds in any way, this contradicts capitalism. Experience, training and net worth are irrelevant in regards to my ability to purchase and sell funds as I please. I am a United States citizen and I can use my purchasing power as I please.