Its should not be up to scrupulous Washington Bureaucrats to decide what I can and cant invest in. It should be up to to those who purchase and sell public securities. I have done research into every security that I have purchase and have kept prospectuses of each one. I have also read literature regarding investing.
This feels like a way for government to pick and choose which stocks are going to be purchased by the public, and which ones arent. That would make for more insider trading and ruin 401ks, IRAs and personal brokerage accounts for smaller investors like myself.
Trevor Arens Comment On Regulatory Notice 22-08
Its should not be up to scrupulous Washington Bureaucrats to decide what I can and cant invest in. It should be up to to those who purchase and sell public securities. I have done research into every security that I have purchase and have kept prospectuses of each one. I have also read literature regarding investing.
This feels like a way for government to pick and choose which stocks are going to be purchased by the public, and which ones arent. That would make for more insider trading and ruin 401ks, IRAs and personal brokerage accounts for smaller investors like myself.