Prohibiting these investments is regulatory overreach. Required attestations and waivers should be enough to let individual investors manage their own risks. Moreover, implementing a net worth minimum just reserves the ability for enhanced returns for the already-wealthy.
David Wolfgang Comment On Regulatory Notice 22-08
Prohibiting these investments is regulatory overreach. Required attestations and waivers should be enough to let individual investors manage their own risks. Moreover, implementing a net worth minimum just reserves the ability for enhanced returns for the already-wealthy.