Reducing the pool of potential investors does not sound to me like a plan to make investing easier or better. These restrictions also don't seem like steps to make the markets more efficient - the proposed rule sounds like a way to make the markets way less efficient. Anyone should be able to buy - or to sell - these holdings.
Tim Newman Comment On Regulatory Notice 22-08
Reducing the pool of potential investors does not sound to me like a plan to make investing easier or better. These restrictions also don't seem like steps to make the markets more efficient - the proposed rule sounds like a way to make the markets way less efficient. Anyone should be able to buy - or to sell - these holdings.